An Illinois rent-to-own lease agreement is a legally binding arrangement between a tenant and a landlord. At the end of the lease term, the tenant can purchase the rental property. The lease-to-purchase document combines a standard fixed lease and a purchase agreement to ensure it complies with state law.
An Illinois rent-to-own lease agreement is a legally binding arrangement between a tenant and a landlord. At the end of the lease term, the tenant can purchase the rental property. The lease-to-purchase document combines a standard fixed lease and a purchase agreement to ensure it complies with state law.
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