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An Iowa rent-to-own agreement is a residential lease that allows the tenant to purchase the property once the rental term has ended. This document establishes standard rental terms like monthly payments, deposits, and property rules. It also outlines the conditions for the tenant to buy the property, including the sale price, option fee, and offer expiration date.
An Iowa rent-to-own agreement is a residential lease that allows the tenant to purchase the property once the rental term has ended. This document establishes standard rental terms like monthly payments, deposits, and property rules. It also outlines the conditions for the tenant to buy the property, including the sale price, option fee, and offer expiration date.
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