Separate Lease And Option Contracts, Where Credit?

I saw mentioned in another post that the lease and option should be totally separate documents which do not mention each other. If this is the case, where would a credit be shown? Would there be another contract for credit?

Thanks for any insight
Ted

Comments(1)

  • kingmonkey30th April, 2004

    Just keep records on either your checks or something that shows a "credit" was given. It needs to go on your option because that is what they are buyer, not the lease.

    Peace,
    Mitchell

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