I have been a member of the DG site for a while now and I have yet to find someone who has shared some great ready to use Lease Option contracts. If there is anyone who can share these documents it would be awesome.
Some Lease Option Investors use three separate contracts, I have just never understood which contracts these are.
Thanks for the help,
Jason King
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Actually lease options are or atleast should be two seperate contracts. You have one that is a lease contract and the other is the option contract - two seperate documents. The reason for using two seperate contracts is so a buyer can't claim equitable title to your property! Also remember to pay the taxes and the insurance on the property yourself. You can view many public documents for free on www.docstoc.com There are over 5 million public documents to search from on that site. All you will need to do is search for lease option in the search bar. I hope that this helps!
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Thank you so much for the information.