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Pennsylvania Rent-to-Own Lease Agreement

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Pennsylvania Rent-to-Own Lease Agreement

Updated April 14, 2023

A Pennsylvania rent-to-own lease agreement is between a landlord and a tenant for renting of a property with an option to purchase. The tenant will commonly have the entire lease period to decide whether to purchase the home. If the tenant decides to buy, a purchase contract will usually be written in accordance with the negotiated terms.

Rental Application – The landlord should ensure the tenant can purchase the property and verify employment.