Decor / 26.11.2023

Sample lease agreement with purchase of an apartment. A sample lease agreement with the right to purchase residential premises, concluded between legal entities. Change and early termination of the contract

), which arise from the moment the rental agreement is signed. The agreement implies the transfer of housing by the owner for use to the tenant with the right of subsequent purchase. The renter, in turn, undertakes to pay the established amount to the owner within the established time limits and in appropriate amounts.

The essence of the agreement

Risks associated with a rental agreement

Despite the many advantages of the right of redemption, it has not become widespread among the population. This is due to the significant risks that arise with the start of lease agreements:

the death of the landlord - may lead to his direct heirs trying to break the contract with the tenant;
possible deposit of the apartment by the landlord as a guarantee of repayment of loan funds;
Fluctuations in the average market price of housing may lead to the landlord requiring periodic increases in the amount of monthly payments.

Drawing up an apartment rental agreement with subsequent purchase

The agreement is writing. In the future, after paying the entire amount of the cost of housing, it will be necessary to transfer the right to own the property from the landlord to the tenant.

Requirements for drawing up an agreement

There are a number of conditions that must be reflected in the document. These include information about:

subjects of legal relations ();
the duration of the contract during which the entire cost of the property is paid;
object of the agreement () – information is indicated by which the property can be identified (its area, address);
the amount of rent and the frequency of payments;
the cost of a residential property;
the moment of transfer of property rights;
conditions affecting the indexation of payments;
the responsibilities of each party to carry out repairs in the rented premises;
residential property insurance;
liability of each party in the event of early termination of the agreement - in this case, the amount of the penalty is indicated;
currency in which the rental amount is paid.

Differences from a standard lease agreement

The main difference between a standard lease and a lease with option to buy is their nature.

A standard agreement provides only for long-term (temporary) use of housing by the tenant for a set fee at an agreed frequency. In this case, the landlord is the owner of the property. And a buyout agreement allows for a change of ownership (from landlord to tenant) after the full value of the property has been paid in the form of increased rent.

The procedure for concluding an apartment rental agreement with subsequent purchase

Registration of a lease agreement with the right to buy:

Collection of necessary documentation.
Drawing up an agreement in writing. For this you can use sample lease agreement with subsequent purchase(you can view and download here:), which is provided by real estate organizations.
If the contract was registered for a period up to one year, then after paying the entire cost of housing, you will need to contact the Rosreestr branch to register the tenant’s rights to the property he purchased (). If the contract is concluded for a period over one year, then such an agreement must be registered with the Rosreestr branch, otherwise it may be declared invalid.
Obtaining an extract on the right to property. It is issued no later than the tenth day from the date of submission of the application for registration of the agreement.

List of documents

Documents for concluding a lease agreement

To conclude apartment rental agreement with subsequent purchase, You will need to prepare a package of documents. Required documentation includes:

Documents that confirm the identities and powers of the subjects of legal relations - passports, power of attorney (provided if the interests of one of the parties are represented by a proxy).
Charter of the organization, certified by a notary office and a document confirming registration as a legal entity. persons – provided if the lessor is a legal entity.
Documents confirming the owner's rights to own the subject of the lease agreement.

Documents for registration of the agreement

To register a lease agreement, you will need to prepare and submit a number of documents to the Rosreestr office:

Application for registration of the agreement.
Three copies of the lease agreement (one for Rosreestr, the other two for the parties to the transaction).
A receipt confirming payment of the state duty.
Documents confirming the powers of the landlord and tenant.
Technical passport for the subject of the lease agreement. The technical passport must indicate the total area of the premises being leased.

Pros and cons of renting an apartment with subsequent purchase

Apartment rental with subsequent purchase has a number of both positive and negative aspects. The disadvantages of renting include:

Weak level of law enforcement practice.
Changing the owner of the property is possible only after a long period.
Possibility of changing the initial rental conditions.
The owner of a rental property has the right to use his property as collateral in order to attract borrowed funds issued by financial institutions - the tenant of the apartment can veto such a credit or mortgage transaction carried out by the owner only if he has registration in rental housing.
A tenant who does not have ownership rights to the property may be evicted from the apartment. The reason for such actions may be changes in the financial priorities of the owner. This factor makes a rental agreement less profitable than a mortgage. Since the citizen who took housing in a mortgage and paying payments on it on time, there is no reason to evict from the apartment under any pretext.
There is no specific form of agreement.

The advantages of a lease agreement with the right to subsequent purchase of housing include the following opportunities:

Small monthly payments. The level of such payments is significantly lower than payments on a mortgage or in installments, since the tenant does not need to pay the high interest rate of the bank. Lower monthly payments make a rent-to-own agreement significantly preferable to a mortgage.
Live in an apartment without waiting for it to be purchased.
Carry out repair work in the home while actually living in it.

The most popular questions and answers to them regarding renting an apartment with subsequent purchase

Question: What to do if the property owner refuses to recognize the tenant's ownership rights to the rented property after the entire redemption price has been paid in full? Sergey.

Answer: Sergey, if the landlord refuses to recognize the transfer of ownership rights to the home after the cost of the property specified in the agreement has been fully paid, then the tenant should, based on paragraph 3 of article 551 of the Civil Code of the Russian Federation, go to court with a demand for state registration of the agreement.

An example of renting an apartment with subsequent purchase

A written rental agreement has been drawn up between the owner and the tenant with the right to further purchase it. for a period of 10 years. Through 1 year after the conclusion of the agreement, the tenant stopped paying monthly payments, the amount of which is specified in the agreement. The tenant refused the landlord’s demand to pay the resulting debt or vacate the rental premises.

The lessor applied to the court with a request to legally terminate the concluded agreement due to the fact that the other party refuses to comply. The court ruled in favor of the plaintiff and ordered the tenant to vacate the rental premises and reimburse the landlord for the amount of rent owed.

residential premises with the right to purchase Gr. , passport: series, No., issued, residing at: , hereinafter referred to as “ Employer", on the one hand, and in the person acting on the basis of, hereinafter referred to as " Landlord", on the other hand, hereinafter referred to as the "Parties", have entered into this agreement, hereinafter " Agreement”, about the following:

1. THE SUBJECT OF THE AGREEMENT

1.1. Under this agreement, the Landlord (Lessor) provides to the Tenant (Tenant) for rent an apartment owned by him, located at the address: .

1.2. The specified apartment has the following characteristics:

Total usable area - sq.m.;
Living area - sq.m.;
Number of rooms;
The estimated cost of the apartment provided according to BTI documents is million rubles.

1.3. The Lessor's ownership of the specified apartment is confirmed by the following documents: .

1.4. The lessor guarantees that at the time of concluding this agreement the apartment is not mortgaged, is not under arrest and is not encumbered with any other obligations.

1.5. The tenant uses the leased property during the entire rental period in accordance with its intended purpose (for living).

1.6. Upon expiration of the lease term or at another time agreed with the Lessor, the Tenant has the right to purchase the rented apartment from the Lessor at the price of rubles. The Lessor's refusal to enter into an apartment purchase and sale agreement with the Tenant is not permitted.

2. RIGHTS AND OBLIGATIONS OF THE PARTIES

2.1. The Tenant (Lessee) is obliged:

pay rent to the Lessor within the terms and in the manner established by this agreement;
during the period of validity of this agreement, timely make all necessary utility payments (for electricity, water, telephone and others) in the prescribed manner. Payment of utilities is not included in the rent;
use the apartment solely for residential purposes;
treats the leased property properly and uses it in accordance with its purpose and technical features;
comply with the rules for using residential premises, including safety rules, take the necessary measures to ensure the safety of the apartment and the equipment installed in it;
maintain the apartment in proper condition, including, at your own expense, carry out routine repairs of the apartment and the plumbing and other equipment installed in it;
compensate for damage caused to the apartment and the property installed in it due to his fault;
in case of refusal to conclude a purchase and sale agreement, return the apartment to the Tenant in good condition, taking into account normal wear and tear;
bear other obligations established by current legislation for tenants of residential premises.

2.2. The tenant assumes all risks associated with damage or loss, theft or premature wear of equipment installed in the apartment that occurs during the validity of this agreement. In the event of loss or damage to equipment, the Tenant is obliged, at his own expense, to repair or replace the relevant property with any other property acceptable to the Lessor.

2.3. The Tenant is obliged to inform the Lessor on all issues and circumstances related to the leased property. Communications must be timely and complete.

2.4. The Tenant (Lessee) has the right:

return the rented apartment to the Lessor before the expiration of the lease term, having notified the Lessor in writing about this;
preferential right over other persons to conclude a lease agreement for a new term;
preferential right over other persons to acquire ownership of an apartment with all the equipment installed in it at the time of concluding this agreement;
allow any persons of their choice to live in the apartment without subletting the apartment;
acquire leased property into ownership through purchase or on other grounds provided by law; The Tenant must inform the Lessor about his choice before the expiration of this agreement;
exercise other rights granted to tenants of residential premises by current legislation and business customs.

2.5. The Tenant may sublease (sublease) the apartment provided to him for rent only with the written consent of the Lessor. Such consent may be contained in a letter, telex, telegram, etc. The right to sublease the leased property may also be granted to the Tenant on the basis of an additional agreement, which will form an integral part of this Agreement.

2.6. The Lessor (Lessor) is obliged:

hand over to the Tenant the apartment and the equipment installed in the apartment and other property in good working order and condition within days after the conclusion of this agreement;
carry out major repairs of the apartment and replacement of worn-out equipment at your own expense;
not to obstruct the Tenant (Tenant) in the lawful use of the rented apartment;
conclude a new lease agreement for an apartment with the Tenant for the same period and on the same conditions after the expiration of this agreement if the Tenant refuses to purchase the apartment in accordance with clause 1.6 of this agreement;
within days after the expiration of this agreement, enter into an agreement for the sale and purchase of an apartment with the Tenant on the terms specified in clause 1.6 of this agreement. The parties have the right to conclude another agreement for the alienation of the apartment in favor of the Tenant (Tenant).

2.7. During the period of validity of this agreement, the Lessor has no right to sell, give or otherwise alienate the apartment to third parties.

2.8. During the period of validity of this agreement, the Lessor also does not have the right to pledge the apartment or encumber it with any other obligations not related to the execution of this agreement.

3. SETTLEMENTS UNDER THE AGREEMENT

3.1. The Tenant undertakes to regularly pay the Landlord rent for the use of the apartment.

3.2. The rent is paid and amounts to rubles per month.

3.3. On the basis of an additional agreement, which will be an integral part of this Agreement, payments for rent may be made for services, works and in other forms permitted by law.

4. RESPONSIBILITY OF THE PARTIES UNDER THE AGREEMENT

4.1 The Lessor is responsible for all defects in the leased property if these defects prevent its normal use for its intended purpose, provided that these defects existed at the conclusion of the contract and were not and could not be known to the Tenant.

4.2. The Lessor is responsible to the Tenant for all claims that may arise from the rights of third parties that limit or prevent the use of the rented apartment and other property located in it, provided that the Tenant did not know and could not know about the existence of the rights of third parties when concluding the agreement 4.3 . The Tenant shall reimburse the Lessor for all losses associated with loss or damage to the leased property in the manner prescribed by law.

4.4. If the Lessor refuses to voluntarily enter into an agreement for the purchase and sale of an apartment on the terms specified in clause 1.6 of this agreement, the Tenant has the right to recover from the Lessor a fine in the amount of % of the transaction amount specified in clause 1.6, as well as to recover from the Lessor all damages caused by failure to fulfill the agreement losses.

4.5. In case of late payment of rent, the Tenant shall pay a penalty in the amount of % of the amount not paid on time for each day of delay.

4.6. Payment of penalties does not relieve the parties from compensation for damages caused by non-performance or improper performance in full.

5. VALIDITY OF THE AGREEMENT AND RIGHTS OF THE PARTIES AFTER THE EXPIRATION OF THE AGREEMENT

5.1. This agreement is concluded for a period of . The agreement comes into force from the moment of its conclusion.

5.2. Upon expiration of this agreement, the contracting parties undertake to choose one of the three options provided for in this paragraph:

the contracting parties undertake to enter into an agreement for the sale and purchase of leased property on the terms specified in clause 1.6, or another agreement for the alienation of the apartment in favor of the Tenant;
terminate their contractual relationship and the Tenant transfers the apartment and other leased property to the Landlord;
the parties will enter into a new lease agreement for the apartment on the same terms for a new term.

6. SPECIAL CONDITIONS

6.1. The rent actually paid by the Tenant is not included in the transaction amount specified in clause 1.6.

7. FORCE MAJEURE

7.1. The parties are released from partial or full fulfillment of obligations under this Agreement if this failure was a consequence of force majeure circumstances that arose after the conclusion of this Agreement as a result of extraordinary events that the party could neither foresee nor prevent by reasonable measures. Force majeure circumstances include events that the participant cannot influence and for the occurrence of which he is not responsible, for example, an earthquake, flood, fire, as well as a strike, government regulations or orders of government bodies.

8. SETTLEMENT OF DISPUTES

8.1. All possible disputes arising from this agreement or regarding this agreement will be resolved by the parties through negotiations.

8.2. If agreement is not reached, controversial issues are resolved in court.

9. LEGAL ADDRESSES AND DETAILS OF THE PARTIES

Employer Registration: Postal address: Passport series: Number: Issued by: By: Telephone:

Landlord Legal address: Postal address: INN: KPP: Bank: Cash/account: Correspondent/account: BIC:

10. SIGNATURES OF THE PARTIES

Employer_________________

Landlord _________________

RESIDENTIAL PREMISES WITH RIGHT OF BUY

_______________ "__"________ 20___

Citizen __________________________________________________________________,

(Full Name)

hereinafter referred to as the Tenant (Tenant), on the one hand and

(name of organization, enterprise)

hereinafter referred to as the Lessor (Lessor), represented by

_____,

(position, surname, first name, patronymic)

acting on the basis ___________________________________________________,

(Title of the document)

on the other hand, have entered into this agreement as follows:

1. THE SUBJECT OF THE AGREEMENT

1.1. Under this agreement, the Landlord (Lessor) provides the Tenant (Tenant) with a lease of an apartment owned by him, located at the address: _____________________________________________________

_________________________________________________________________________

1.2. The specified apartment has the following characteristics:

Total usable area - ____________________ sq.m.;
Living area - _____________________________ sq.m.;
Number of rooms ______________________________;
Estimated cost of the apartment provided according to BTI documents

Million rubles

1.3. The Lessor's ownership of the specified apartment is confirmed by the following documents: _______________________________________________

_____________________________________________________________________

1.4. The lessor guarantees that at the time of concluding this agreement the apartment is not mortgaged, is not under arrest and is not encumbered with any other obligations.

1.5. The tenant uses the leased property during the entire rental period in accordance with its intended purpose (for living).

1.6. Upon expiration of the lease term or at another time agreed with the Lessor, the Tenant has the right to purchase the rented apartment from the Lessor at a price of ______________________________ rubles.

The Lessor's refusal to enter into an apartment purchase and sale agreement with the Tenant is not permitted.

2. RIGHTS AND OBLIGATIONS OF THE PARTIES

2.1. The Tenant (Lessee) is obliged:

pay rent to the Lessor within the terms and in the manner established by this agreement;
during the period of validity of this agreement, timely make all necessary utility payments (for electricity, water, telephone and others) in the prescribed manner. Payment of utilities is not included in the rent;
use the apartment solely for residential purposes;
treats the leased property properly and uses it in accordance with its purpose and technical features;
comply with the rules for using residential premises, including safety rules, take the necessary measures to ensure the safety of the apartment and the equipment installed in it;
maintain the apartment in proper condition, including, at your own expense, carry out routine repairs of the apartment and the plumbing and other equipment installed in it;
compensate for damage caused to the apartment and the property installed in it due to his fault;
in case of refusal to conclude a purchase and sale agreement, return the apartment to the Tenant in good condition, taking into account normal wear and tear;
bear other obligations established by current legislation for tenants of residential premises.

2.2. The tenant assumes all risks associated with damage or loss, theft or premature wear of equipment installed in the apartment that occurs during the validity of this agreement.

In the event of loss or damage to equipment, the Tenant is obliged, at his own expense, to repair or replace the relevant property with any other property acceptable to the Lessor.

2.3. The Tenant is obliged to inform the Lessor on all issues and circumstances related to the leased property. Communications must be timely and complete.

2.4. The tenant has the right:

return the rented apartment to the Lessor before the expiration of the lease term, having notified the Lessor in writing about this ______________;
preferential right over other persons to conclude a lease agreement for a new term;
preferential right over other persons to acquire ownership of an apartment with all the equipment installed in it at the time of concluding this agreement;
allow any persons of their choice to live in the apartment without subletting the apartment;
acquire leased property into ownership through purchase or on other grounds provided by law; The Tenant must notify the Lessor of his choice ____________________ before the expiration of this agreement;
exercise other rights granted to tenants of residential premises by current legislation and business customs.

2.6. The lessor is obliged:

hand over to the Tenant the apartment and the equipment installed in the apartment and other property in good working order and condition within _________ days after the conclusion of this agreement;
carry out major repairs of the apartment and replacement of worn-out equipment at your own expense;
not to obstruct the Tenant (Tenant) in the lawful use of the rented apartment;
conclude a new lease agreement for an apartment with the Tenant for the same period and on the same conditions after the expiration of this agreement if the Tenant refuses to purchase the apartment in accordance with clause 1.6 of this agreement;
within __________ days after the expiration of this agreement, enter into an agreement for the purchase and sale of an apartment with the Tenant on the terms specified in clause 1.6 of this agreement.

The parties have the right to conclude another agreement for the alienation of the apartment in favor of the Tenant (Tenant).

2.7. During the period of validity of this agreement, the Lessor has no right to sell, give or otherwise alienate the apartment to third parties.

3. SETTLEMENTS UNDER THE AGREEMENT

3.1. The Tenant undertakes to regularly pay the Landlord rent for the use of the apartment.

3.2. The rent is paid _________________ and amounts to _______________________ rubles per month.

3.3. On the basis of an additional agreement, which will be an integral part of this Agreement, payments for rent may be made for services, works and in other forms permitted by law.

4. RESPONSIBILITY OF THE PARTIES UNDER THE AGREEMENT

4.3. The Tenant shall reimburse the Lessor for all losses associated with loss or damage to the leased property in the manner prescribed by law.

4.4. If the Lessor refuses to voluntarily enter into an agreement for the purchase and sale of an apartment on the terms specified in clause 1.6 of this agreement, the Tenant has the right to recover from the Lessor a fine in the amount of _____% of the transaction amount specified in clause 1.6, as well as to recover from the Lessor all damages caused by non-fulfillment contract losses.

4.5. In case of late payment of rent, the Tenant shall pay a penalty in the amount of ______% of the unpaid amount on time for each day of delay.

4.6. Payment of penalties does not relieve the parties from compensation for damages caused by non-performance or improper performance in full.

5. DURATION OF THE AGREEMENT AND RIGHTS OF THE PARTIES AFTER EXPIRATION

DURATION OF THE AGREEMENT

5.1. This agreement is concluded for a period of ___________________.

The agreement comes into force from the moment of its conclusion.

5.2. Upon expiration of this agreement, the contracting parties undertake to choose one of the three options provided for in this paragraph:

the contracting parties undertake to enter into an agreement for the sale and purchase of leased property on the terms specified in clause 1.6, or another agreement for the alienation of the apartment in favor of the Tenant;
terminate their contractual relationship and the Tenant transfers the apartment and other leased property to the Landlord;
the parties will enter into a new lease agreement for the apartment on the same terms for a new term.

6. SPECIAL CONDITIONS

6.1. The rent actually paid by the Tenant is not included in the transaction amount specified in clause 1.6.

7. FORCE MAJEURE

8. SETTLEMENT OF DISPUTES

8.1. All possible disputes arising from this agreement or regarding this agreement will be resolved by the parties through negotiations.

8.2. If agreement is not reached, controversial issues are resolved in court.

9. INFORMATION ABOUT THE PARTIES

9.1. Lessor: __________________________________________________________

_________________________________________________________________________

9.2. Tenant: _________________________________________________________________

(Full Name)

_________________________________________________________________________

(identity document, number, series, by whom and when issued)

_________________________________________________________________________

Signatures of the parties:

Lessor: __________________________

Tenant: __________________________

With subsequent ransom? The buyer of the living space first rents it from the owner, and the rent paid is considered payment towards a future purchase housing. This purchase option is ideal for those citizens who cannot immediately save enough money for a purchase.

Mortgage option for some reason it doesn't suit them either.

In addition, in order to get a mortgage loan, you need to save a considerable amount for a down payment, and the huge interest rates frighten the potential buyer.

Rent with purchase – perfect option for those who want to live in an apartment and at the same time pay the owner a fee, which is also a payment of the amount for its purchase. This is sometimes the only opportunity to have housing, although not completely owned.

A significant difference from simple rent is that payments gradually bring the tenant closer to the opportunity to own the premises. Whereas simple is throwing money away.

In accordance with Art. 624 of the Civil Code, in this case, the rental payments made are considered a gradual repayment of the redemption value.

Therefore, the amount that must be given as a result is gradually decreases. You are not just paying rent, but are getting closer to the moment of owning this living space.

Civil Code of the Russian Federation Article 624. Redemption of leased property

The law or the lease agreement may provide that the leased property becomes the property of the lessee upon expiration of the lease period or before its expiration, subject to the payment by the lessee of the entire purchase price stipulated by the agreement.
If the condition for the redemption of the leased property is not provided for in the lease agreement, it may be established by an additional agreement of the parties, who in this case have the right to agree on the offset of previously paid rent into the redemption price.
The law may establish cases where the repurchase of leased property is prohibited.

Agreement for renting an apartment with subsequent purchase.

Option to fill out a document between individuals with subsequent redemption.

The difference between rent-to-own and installment plans

Lease with option to buy and installment purchase– different transactions.

When making a purchase in installments, the owner remains the owner of the living space until the entire amount is transferred to him.

The owner of the apartment at this time can with her make any transactions. The downside is that the amount already paid, in this case, remains with the owner.

The rent imposes encumbrance for the apartment and limits the rights of the owner in this way, and even if it is, the seller will need all previously received amounts return.

Legal basis of the transaction

The law interprets this type of agreement as mixed deal: hiring on the one hand, buying and selling on the other. It can be arranged as a hire for the period of redemption, including a payment schedule. Or how to buy and sell, with the condition of finding mortgaged housing from the seller until full payment.

You can learn how from our article.

Some experts consider this type of agreement as involving the introduction of an increase in price. In this case, the rate of increase in price is entered into the payment schedule as a percentage corresponding to the inflation rate.

Advantages and disadvantages

This type of transaction, rare today, has both positive and negative sides.

TO cons it includes the following points:

At the same time there are a number advantages and positive aspects:

Compared to an apartment loan, rent amounts are much lower.
To the tenant no need to save up amount for a down payment on a mortgage.
The future owner of the apartment may live in it and renovate it it before the actual transfer of ownership.

Risks for the seller and buyer

The mechanisms for such transactions have not been worked out. In addition, depending on the buyer’s solvency, the redemption time frame can be quite long, and the redemption amount may be grow up significantly.

The contract provides the buyer with the opportunity refuse the deal any time. But the seller cannot do this, therefore, he risks losing time and being left with unsold housing.

To protect against this risk, the seller may require a non-refundable five percent deposit.

The agreement may contain a clause stating that part of the money transferred to the seller will be considered a down payment.

But taxes and insurance the owner still pays.

Transaction registration form

When legalizing a transaction, an agreement is drawn up, which concluded with a notary. Immediately after receiving his visa, the parties enter into a rental relationship. State authorities determine the entire rental procedure.

The parties cannot make changes, as this will be considered violation of the law. Documents required for registration:

certificate for the object;
registration certificate;
consent of the co-owners (if the apartment is jointly owned);
certificate of absence of debts.

Features of the agreement

Document must necessarily contain the following sections:

Additional items The contract contains special conditions for the procedure for transferring ownership of the apartment:

at the end of the lease term;
before the end (if the tenant has fully repaid the agreed amount).

State registration

This type of lease by government agencies not registered, since there is no actual change in ownership. To put it into effect, it is enough to register it with the help of a notary.

The registration procedure in Rosreestr is carried out upon expiration of its validity.

At the end of the period, if the entire amount of the redemption price has been paid, the property owner must officially register the transfer of ownership.

If the owner does not carry out this action within the time period specified in the contract, the problem is resolved in court.

What to do with changes in housing costs?

Since the contract is long-term, the price of housing at the time of its completion may change. Most likely, there will be a significant increase in price. In this regard, a clause that meets these conditions is required to be included in the document.

All nuances must be discussed together. Perhaps the price will remain unchanged despite increase in the overall cost of housing(this must also be stated in the document).

But most likely board indexation, depending on market fluctuations will be included in the contract.

In any case, the clauses of the agreement accepted at the time of signing cannot be changed.

This is exactly what constitutes risks both the seller and the buyer.

Experts advise paying close attention to the identity of the seller when drawing up such contracts. As noted earlier, you need to carefully calculate redemption value.

The seller may set a condition for increasing the price for covering taxes and insurance costs. Since it is he who must pay these amounts until the end of the contract.

An important point is the condition for registering the tenant in the apartment. This fact will serve as a kind of protection of his rights. Having registered, the tenant can impose a ban on any actions to alienate the living space.

Difference from commercial hiring

Involves drawing up a contract for a period from 1 to 5 years. The objects in this case are apartments owned by the city. In contrast, such housing is provided at commercial prices. Another difference is the possibility purchase of housing from the state to register it as property.

Similar to certain categories of citizens under city programs (waiting lists, young families, displaced persons). In this regard, each category has its own conditions for the provision of housing and its purchase at the end of the commercial lease period.

Hiring differs from rent with subsequent purchase in that it is not with a private person. This serves as a kind of protection for the acquirer.

But at the same time, when moving into commercial rental housing, citizens must pay a third of the cost at a time.

When renting housing from a private owner, there is no such need.

Before entering into any long-term agreement, the buyer should consider and carefully weigh all the pros and cons transactions.

Legally competent and cost-effective actions will bring you closer to your cherished goal - purchasing your own home.

You can learn about alternative programs for purchasing residential real estate under a commercial lease agreement with the right to buy from the video:

If you find an error, please highlight a piece of text and click Ctrl+Enter.

What is more profitable to rent out – offices or apartments?

Flights to the United Arab Emirates

Sample lease agreement with purchase of an apartment. A sample lease agreement with the right to purchase residential premises, concluded between legal entities. Change and early termination of the contract