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A New Jersey rent-to-own lease agreement, also known as an “option to buy contract,” is a residential lease that gives the tenant an option to purchase the property when the lease term ends. It outlines standard rental responsibilities and sales terms, such as monthly payments, the purchase price, and the deadline for making and accepting an offer.
This form complies with state mandates outlined in New Jersey’s Residential Property Lease-Purchase Act.
A New Jersey rent-to-own lease agreement, also known as an “option to buy contract,” is a residential lease that gives the tenant an option to purchase the property when the lease term ends. It outlines standard rental responsibilities and sales terms, such as monthly payments, the purchase price, and the deadline for making and accepting an offer.
This form complies with state mandates outlined in New Jersey’s Residential Property Lease-Purchase Act.
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