Maine Rent-to-Own Lease Agreement

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Updated April 16, 2022

A Maine rent-to-own lease agreement is a standard lease with an option for the tenant to buy the property during its term. The details are commonly negotiated at the time of signing the lease such as purchase price and closing date. When the tenant decides to purchase, a purchase agreement should be drafted matching the terms of the transaction.

Rental Application – Used by a landlord to accept an applying tenant’s personal and employment credentials.