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Landlord Resources
- Rental Property – Title 14, Chapter 710
- Conveyance of Real Estate – Title 33, Chapter 7
- Rent-to-Own Laws – § 6203-H
- Handbook (Guide) – Maine Rental Housing Guide
- Homebuying Resource – Consumer Rights When Buying a Home
A Maine rent-to-own agreement is a unique rental contract that offers tenants an option to buy the residential property from the owner/landlord. The agreement spells out critical terms for both the tenancy arrangement and the purchase option. It typically establishes the monthly rent, deposit requirements, and any time restrictions on the tenant’s buying rights.
A Maine rent-to-own agreement is a unique rental contract that offers tenants an option to buy the residential property from the owner/landlord. The agreement spells out critical terms for both the tenancy arrangement and the purchase option. It typically establishes the monthly rent, deposit requirements, and any time restrictions on the tenant’s buying rights.