A normal real estate lease contract is a kind of a contract which is made between the lessors or owner of a real estate property as well as the lessee who agrees to rent the property. Such contracts are made to authorize the arrangement of lease between the lessor and the lessee for a certain fixed period of time, during which the lessee has to pay the lease amount to the lessor on a periodic basis.
On the other hand, real estate lease to purchase contract is a contract which is made with the option of purchasing the real estate for the lessee. This means that in such contracts, the lessee can opt to pick the option of buying the real estate from the lessor either during the effective term or after it.
A real estate lease to purchase contract must mention the lease amount as well as the amount for which the property can be purchased. The contract must also give the various terms and conditions which describe the roles and responsibilities of the involved members. It is important to mention the commencement and termination date of the contract as well for the knowledge of the parties.