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Is it necessary to have an addendum to the lease option of "No Equitable Interest Agreement"?

LORI F, CA on Wednesday, June 3, 2015

RE: Lease with an option to buy

When creating a lease I have always made a specific section for improvement to the property so that tenants know they are all final and any value added to the property is that solely of the home owner, however I have never heard of it being required. You may want to speak with an attorney or even a home appraiser.

Posted by Richard W, PA on Wednesday, June 3, 2015

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