Go Back  The Hull Truth - Boating and Fishing Forum > BOATING FORUMS > Dockside Chat
Reload this Page >

Florida Lease/Option to purchase contract

Notices

Florida Lease/Option to purchase contract

Old 06-11-2015, 04:39 AM
  #1  
Admirals Club Admiral's Club Member
THT sponsor
Thread Starter
 
triumphrick's Avatar
 
Join Date: Aug 2008
Location: Masaryktown, Fla.
Posts: 17,179
Default Florida Lease/Option to purchase contract

Does anyone have one of these that I can look over?

Thanks!
triumphrick is offline  
Old 06-11-2015, 05:28 AM
  #2  
Senior Member
 
Join Date: Feb 2010
Location: one bridge south of Clearwater Beach
Posts: 4,562
Default

I do them all the time and every one is different. You looking at buying or selling using one? Main thing is how the lease option payment will be applied to the purchase price and if any of the monthly payment will be used as a credit towards the purchase as well.

Most of mine are set up that the lease option payment will be credited towards the down payment if they exercise the purchase option and no portion of the monthly payment will be credited. I have started moving away from lease options and have started doing alot more seller finance properties lately.
runabout is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Thread Tools
Search this Thread