Rent To Own Contract


rent to own contract template
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Business Negosyo Legal Ligal lessor lessee buyer shall Seller Contracts Rent To Own Contract

How to draft a proper Rent To Own Contract? Download this Rent To Own Contract template that will perfectly suit your needs!

Legal communication is essential to individuals and companies to ensure truthful, accurate information exchange and enable morally-correct decision making. This is important to give consideration on how to communicate and how to remain lawful in your day-to-day business activities. Therefore, communication in situations that involve legal complications, request extra attention. Using our easy-to-modify Rent To Own Contract helps to make a perfect document for any kind of personalized legal matter.

Legal professionals are in need of templates more than any other industry. Our trustworthy legal templates are all drafted and screened by legal professionals that have experience in special law-related fields and are actively involved in legal issues around the topic. This Rent To Own Contract template covers the most important subjects and will help you to structure and communicate in a professional and legal way with those involved. 

Download this professional legal Rent To Own Contract template now and save yourself time, efforts and possibly reduce the lawyer-fees in order to become more successful.

Using our legal templates will help you to deal with the situation! However, this Legal template will help you dealing with this legal matter, we still recommend you to consider to find legal support in case you have doubts dealing with it the right way. 

Granting an extension to the aforesaid grace period may not be deemed as a waiver of LESSOR/SELLER right to terminate this contract and eject the LESSE/BUYER but in the event the LESSOR/SELLER so opts to grant a written request for extension, a penalty equivalent to three (3 ) percent per month of the rental due, with a fraction of a month considered as one month shall be charged and assessed for delayed payments.. JUDICIAL RELIEF AND PENALTY: Should any one of the parties herein be compelled to seek judicial relief against the other, the losing parties shall pay an amount equivalent to One Hundred Percent (100 ) of the amount claimed in the compliant as attorney s fees which shall in no case be less than P 100,000.00 pesos in addition to other cost and damages which the said party may be entitled to under the law, to recover from the other party.. PENAL PROVISION: The parties agree that all covenant and agreements herein contained shall be deemed conditions as well as covenants that if default or breach be made of any such covenants and conditions, then this lease may be terminated and cancelled and the party in breach shall be liable for any and all damages, actual and consequential, resulting from such breach or termination provided however, that no default shall be declared under this lease unless the party in default has given written notice to cure such default within thirty (30) days..  

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