Updated April 14, 2023
An Ohio rent-to-own lease agreement is between a landlord seeking to rent a property while giving the tenant an option to buy. The option will commonly be for a negotiated purchase price and other terms. When the tenant decides to buy, notice will be sent to the landlord and the lease will be converted to a purchase agreement.
Rental Application – Gives consent to the landlord and provides the tenant’s personal information to run a public records search.