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Updated over 6 years ago on . Most recent reply

User Stats

25
Posts
7
Votes
Ruben Banuelos
  • Real Estate Agent
  • San Marcos, CA
7
Votes |
25
Posts

Lease Options Contracts

Ruben Banuelos
  • Real Estate Agent
  • San Marcos, CA
Posted

Hi everyone, 

I'm currently trying to negotiate a contract for lease option with a seller. I have pulled 2 documents to use as a reference, however, I keep running into lawyers that don't seem to know very much about how to write one up. Does anyone have any firm recommendations?

Thank you. 

Most Popular Reply

User Stats

86
Posts
54
Votes
Skylar Simpson
  • Specialist
  • Salem, OR
54
Votes |
86
Posts
Skylar Simpson
  • Specialist
  • Salem, OR
Replied

Ya you'll find that a lot of lawyers and other professionals will be clueless on real estate.

All you need is

1) A rental agreement - you can find these usually pre-made in your city. I have a shop in my town that has all sorts of legal documents for $5-$10 per.

2) Option agreement - You can find these also at the same type of shop

These two documents MUST be separate documents. DO NOT have a combined version or you may regret it.

If all else fails and you cannot find these at a document shop near you then search for a "real estate laywer" and they SHOULD be able to create these at an insane price.

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