A Missouri rent-to-own agreement is a legal document that allows a tenant to lease a property from a landlord and also gives the tenant the option to purchase the property at some point in the future. Like a standard lease agreement, it will contain provisions governing rent, responsibility for utilities and other matters. The purchase option, whose terms can be negotiated by the parties, is traditionally included as a separate section.

Seller Disclosures

Should the buyer choose the purchase the property, the landlord must make the following disclosure.

Lead-Based Paint Disclosure – This form is required under federal law for properties with houses or apartments built constructed before 1978.

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Seller’s Disclosure Statement for Residential Property (Form DSC-8000) – Missouri law does not require sellers to provide a listing of the property’s conditions to buyers. However, many buyers may be hesitant to agree to purchase a property without one.

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