Kentucky Rent-to-Own (Lease Option) Agreement

A Kentucky rent-to-own agreement is a rental contract with added terms that enable the tenant to purchase the owner’s property. The agreement usually includes a raised rent rate and a fee the tenant must pay to secure the option to buy. If the tenant opts out of the purchase, they often forfeit any funds paid towards the purchase of the property.

Kentucky Rent-to-Own (Lease Option) Agreement

A Kentucky rent-to-own agreement is a rental contract with added terms that enable the tenant to purchase the owner’s property. The agreement usually includes a raised rent rate and a fee the tenant must pay to secure the option to buy. If the tenant opts out of the purchase, they often forfeit any funds paid towards the purchase of the property.

Last updated February 5th, 2024

A Kentucky rent-to-own agreement is a rental contract with added terms that enable the tenant to purchase the owner’s property. The agreement usually includes a raised rent rate and a fee the tenant must pay to secure the option to buy. If the tenant opts out of the purchase, they often forfeit any funds paid towards the purchase of the property.

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