Updated February 20, 2023
A Louisiana rent-to-own lease agreement is for a landlord seeking to rent their property while offering an option to purchase. After signing the lease, the tenant will be allowed to buy the property for a pre-negotiated price. The tenant is not obligated to buy the property with the lease terminating at the end of the period.
Rental Application – Used to screen a tenant to verify their income, employment, and look up public records.