The sale only goes through if the tenant secures a mortgage.
To create a legally binding document, you should consult a local real estate attorney, as laws vary significantly by state. Below is a breakdown of the essential components and common document types used in these transactions. 📄 Common Document Types tenant buying house from landlord
Used for a direct sale where the tenant buys the property immediately at an agreed price. The sale only goes through if the tenant secures a mortgage