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Alaska Rent-to-Own Lease Agreement

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Alaska Rent-to-Own Lease Agreement

Updated April 14, 2023

An Alaska rent-to-own lease agreement is a contract between a landlord and tenant for the renting of property with an option to purchase. The parties will create agreed-upon terms and, if the tenant decides to buy, will convert the lease to a purchase agreement. If the tenant doesn’t buy, the lease will terminate in the same manner as a standard lease.

Rental Application – Used by a landlord to verify the employment and income of an applying tenant.