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Lease Option Tenant-Buyer Checklist: Essential Contracts and Documents

This checklist guides you through the process of selling on a lease option. Learn how to advertise, review applications, draft contracts, and more. Make sure to sign essential contracts and transfer utilities correctly. Consider state-specific requirements and review contracts to ensure compliance.

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Lease Option Tenant-Buyer Checklist: Essential Contracts and Documents

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  1. Module 4B Paperwork for the Tenant-Buyer

  2. Checklist – Selling on a Lease Option • Advertise • Review & Qualify Applications • Get Deposit • Draft Contracts • Lease Option Agreement • Offer to Purchase • Lead-Based Paint Disclosure • Seller’s Disclosure • Other Documents (if State required) • Sign Contracts • Cancel Advertising • Transfer Utilities • Verify they have insurance

  3. 3 Essential Contracts >> have them reviewed to be State specific <<

  4. Points to Consider about the Contracts

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