Real Estate Rent to Own Contract

February 24, 2021

BRITISH COLUMBIA
Real Estate Rent to Own Contract

legaldeeds.com

British Columbia Real Estate Rent to Own Contract will provide you with a custom completed Real Estate Rent to Own Contract used in the lease purchase of residential or recreational real estate in British Columbia.

By simply answering a few questions our service will produce for you an online custom completed contract, ready to be signed by the buyer and the seller.

This document package also includes a customized schedule of payments, and simple and straightforward instructions to enable you to execute quickly and effortlessly. The cost of the personalized British Columbia Real Estate Rent to Own Contract is $23.00, payable in Canadian dollars. Within a few minutes, you will receive your completed PDF documents by email.

To proceed, complete the entries.

Samples

Real Estate Rent to Own Contract

Contact Information

The only contact information we need is your e-mail address. It allows us to send you the finished documents. It will not be included in the documents.

E-mail:

Date of Offer

Enter the date that the offer will be presented to the seller. Leave these fields blank if you wish to complete them at a later date.

	Month:
	Day:
	Year:

Purchaser (Buyer)

Fill in the Name of the Purchaser including postal address. In a multiple buyer situation, only one need appear in the contract. Leave these fields blank if you wish to complete them at a later date.

	Last Name:
	First Name:

	Address:
	City:
	Province:
	Postal Code:

	Phone Number:	--

Civic Address

Enter the Civic Address of the property to be purchased. Leave these fields blank if you wish to complete them at a later date.

	Address:
	City:
	Province:	British Columbia

Legal Description

Enter the Legal Description of the property to be purchased. This information can be copied from a property tax assessment. It also appears on the State of Title Certificate or other documents used in the conveyancing of the subject property. It must be complete and accurate. Leave this field blank if you wish to complete it at a later date. (e.g. Lot12, Block2, District Lot5476, Plan3456)

Legal Description:

Date of Viewing

Enter the date that the subject property was viewed by the purchaser. Leave these fields blank if you wish to complete them at a later date.

	Month:
	Day:
	Year:

Purchase Price

Enter the Purchase Price of the property (e.g. 195000). This field is mandatory as it is required to calculate the customized schedule of payments.

Purchase Price:

Rent to Own Payments

The total monthly Rent to Own Payment amount will consist of two portions:

the Monthly Rent, and

the Monthly Principle Payment.

Only the Monthly Principle Payment will be applied toward the purchase of the property.

Enter the Monthly Rent, and the Principle Repayment Period. The Monthly Rent may be left blank to be completed at a later date. The Repayment Period is mandatory as it is required to calculate the customized schedule of payments.

	Monthly Rent:	$
	Repayment Period:		months

Down Payment

This Down Payment will be applied toward the total purchase price. This Down Payment is non refundable in the case of default.

Enter the amount of the Down Payment that has been received by the seller (e.g. 1000). This field is mandatory as it is required to calculate the customized schedule of payments.

Down Payment:

Included Items

List any items included in the purchase of the property (e.g. fridge, stove, washer).

Included Items:

Conditions

List any Conditions that apply to this agreement (e.g. This offer is conditional upon the buyer approving the results of a building inspection by Aug. 21, 2021).

	Condition 1:
	Condition 2:
	Condition 3:

Additional Clauses

You may enter up to 3 additional specific clauses that you would like in this contract. Each additional clause will need a title to describe it's purpose.

Enter any additional specific clauses and titles that you require in this contract.

	Title	Clause

1.
2.
3.

Acceptance

Enter the time and date until which this offer is open to acceptance. Leave these fields blank if you wish to complete them at a later date.

	Hour:
	AM/PM:
	Month:
	Day:
	Year:

Property Description

Select the appropriate option to describe the Property. Leave this field blank if you wish to complete it at a later date.

Property Type:

Landlord/Seller

Fill in the Name of the Landlord/Seller. Leave this field blank if you wish to complete it at a later date.

Landlord/Seller:

Tenancy Commencement Date

Enter the date that the Agreement will begin on. Leave these fields blank if you wish to complete them at a later date.

	Month:
	Day:
	Year:

Occupant(s)

What are the names of all occupants? If the purchaser will also be a tenant, enter his/her name again here. These spaces may be left blank if the details are to be filled in by hand at a later date.

	Occupant #1:
	Occupant #2:
	Occupant #3:
	Occupant #4:
	Occupant #5:
	Occupant #6:

Utilities

Utilities will be paid by the parties as indicated below:

	Landlord	Tenant	N/A
Electricity:
Gas:
Water:
Telephone:
Cable Television:
Garbage Fees:
Oil:
Other:

Appliances

What appliances are supplied and maintained in working order by the Landlord? Stove, Refrigerator and Hotwater heater are automatically included.

Type in the name of any other appliances. Leave these fields blank if you wish to complete them at a later date.

	Appliance #1:
	Appliance #2:
	Appliance #3:

Damage Deposit

Enter the amount of the Damage Deposit payable (e.g. 1000). This amount may not exceed half of the monthly rent. Leave this field blank if you wish to complete it at a later date.

Damage Deposit:

Review

Press the Review button to review your entries, and to proceed.