Updated April 14, 2023
A Georgia rent-to-own lease agreement is a rental contract that also allows the tenant to purchase the property during its term. The landlord will screen the tenant like a standard lease. If the tenant decides to buy, the lease will convert to a purchase agreement. If the tenant does not purchase, the lease will end and the tenant will be forced to vacate.
Rental Application – To be used by the landlord to screen the credit and income of the applying tenant.