Vermont Lease to Own Agreement

A Vermont lease-to-own contract is an agreement between a lessor (owner) and lessee (renter) that allows the lessee to rent a property for a specified period with the option to purchase the property at the end of the lease term. The contract typically includes the terms of the lease, such as the length of the lease, the amount of the monthly rent, and any additional fees or charges. It also includes the purchase price of the property, any down payment or closing costs required, and the terms of the purchase agreement. The contract also includes the obligations of both the lessor and lessee, such as property maintenance and applicable taxes.