Lease Purchase Agreement Template

You can open the Lease Purchase Agreement Template in multiple formats, including PDF, Word, and Google Docs.


Sample

Lease Purchase Agreement Template

Printable | Editable Form




Lease Purchase Agreement Template (1)
Between:
[Name of Lessor]
[Lessor’s ID]
[Lessor’s Address]
[Lessor’s Phone]
[Lessor’s Email]
And:
[Name of Lessee]
[Lessee’s ID]
[Lessee’s Address]
Property Details:
This Lease Purchase Agreement pertains to the property located at [Property Address], [City, State, Zip Code].
Clause 1: Term of Lease
The lease will commence on [Lease Start Date] and continue for a term of [Lease Duration] months, ending on [Lease End Date].
Clause 2: Rent Payment
The Lessee agrees to pay a monthly rent of [Amount] due on the [Due Date] of each month.
Clause 3: Purchase Option
The Lessee has the option to purchase the property for [Purchase Price] at any time during the lease term by providing written notice to the Lessor.
Clause 4: Maintenance Responsibilities
The Lessee agrees to maintain the property in good condition and will be responsible for all repairs not due to normal wear and tear.
Clause 5: Default Conditions
This agreement may be terminated if either party fails to comply with the terms outlined herein after written notice has been provided.
Clause 6: Governing Law
This agreement will be governed by the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Lessor]
[Name of the Lessor]
[Signature of the Lessee]
[Name of the Lessee]
Lease Purchase Agreement Template (2)
Between:
[Name of Lessor]
[Lessor’s ID]
[Lessor’s Address]
[Lessor’s Phone]
[Lessor’s Email]
And:
[Name of Lessee]
[Lessee’s ID]
[Lessee’s Address]
Property Description:
This Lease Purchase Agreement applies to the following property: [Property Address], [City, State, Zip Code].
Clause 1: Duration of the Agreement
The lease term will commence on [Lease Start Date] and will last for [Lease Duration] months until [Lease End Date].
Clause 2: Rent Amount
The total rental amount shall be [Amount], payable monthly, due by the [Due Date] of each month.
Clause 3: Option to Purchase
The Lessee may purchase the property at a price of [Purchase Price] with prior written notification to the Lessor.
Clause 4: Responsibilities for Upkeep
The Lessee shall keep the premises in good condition and shall be accountable for any damages incurred, except those caused by normal usage.
Clause 5: Breach of Agreement
Should either party not adhere to the specified terms, the other party may terminate the agreement following a written notice.
Clause 6: Jurisdiction
The terms of this agreement will be governed by the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Lessor]
[Name of the Lessor]
[Signature of the Lessee]
[Name of the Lessee]

Form

Please complete the form below to create the Lease Purchase Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Lease Purchase Agreement Template

1. Buyer Information


2. Seller Information


3. Property Information

4. Lease Terms


5. Purchase Terms


6. Maintenance Responsibilities

7. Late Payment Penalties

8. Default Conditions

9. Signatures and Acceptance

10. Declaration and Signatures




PDF


WORD

Printable

Lease Purchase Agreement Template

Printable | Editable Form




Lease Purchase Agreement Template