Updated February 20, 2023
An Oregon rent-to-own lease agreement is a rental contract between a landlord and tenant that includes an option to buy the property. The tenant will have an option during the lease term under pre-negotiated terms agreed to by both parties. Once the tenant declares their intent to buy the property, the parties will enter into a binding purchase agreement.
Rental Application – For use by a landlord to verify the income, employment, and run a public record search on an individual.