Lease option contracts??

[Daniel Peavey]

A lease option contract??

It is two contracts, correct??

The option and then the lease separate??

Should the option part include the future price and terms also?

Thanks

[Steve Vaughan]

@Daniel Peavey- in general, yes.  2 separate contracts that do not reference each other.  Standard lease.  Standard, notarized & recordable exclusive option to buy that outlines the length of time to buy (term) at a set price via a certain method (or 2 or 3- like cash out or seller-finance).

GA-specific contract language needs to be sought and reviewed by  a competent authority (attorney usually) like @Brian Gibbons mentions.  He has been doing these for 30 years.  You are fortunate to have received advice from such a trusted pro in this area!