Utah Rent-to-Own (Lease Option) Agreement

A Utah rent-to-own agreement establishes an arrangement in which a tenant leases property with the option of buying it before the lease expires. The parties can choose to set the purchase price in advance or to leave it up to negotiation. In many cases, the contract will have the tenant paying an upfront fee to secure purchasing rights.

Utah Rent-to-Own (Lease Option) Agreement

A Utah rent-to-own agreement establishes an arrangement in which a tenant leases property with the option of buying it before the lease expires. The parties can choose to set the purchase price in advance or to leave it up to negotiation. In many cases, the contract will have the tenant paying an upfront fee to secure purchasing rights.

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Last updated February 7th, 2024

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A Utah rent-to-own agreement establishes an arrangement in which a tenant leases property with the option of buying it before the lease expires. The parties can choose to set the purchase price in advance or to leave it up to negotiation. In many cases, the contract will have the tenant paying an upfront fee to secure purchasing rights.