Arkansas Lease to Own Agreement

The Arkansas Lease to Own Agreement, also called a “Lease with Option to Purchase,” is a binding contract formed between a landlord and tenant(s) that contains conditions in-line with a typical residential lease agreement but gives the tenant the opportunity to purchase the property within a specified period. It is important not to confuse this type of deal with a Lease to Purchase contract, as that requires the tenant to purchase the property regardless of whether or not they can afford it. If our Lease to Own contract is for you, check out the how-to for completing the agreement below.