QUESTION:
I’m doing lease option assignments. I have printed out the following agreements.

1. Option To Purchase Real Estate
2. Lease Agreement
3. Assignment Agreement (Lease Option Assignment)
4. Option To Purchase Real Estate (Tenant/Buyer)
5. Lease Agreement (Tenant/Buyer)
6. Assignment Addendum (Assignment of a Lease Purchase For Seller/Optionor )
7. Rental and Credit Application
8. Application Fee Receipt

Am I missing anything? Do I have too many agreements? Do I need the Release of Agreement form for a Lease Option Assignment?
ANSWER:
You may not need the application fee receipt or the rental and credit application if you use a mortgage broker etc. Let them run credit, pre qualify etc. You will however need the deposit receipt form if they put money down.
Other than that, just look on page 48 of the manual for the basic model and realize that if anything comes up that you need, don’t worry about looking dumb. You can always call your attorney etc if you need help. And of course, I’m here as well and usually respond back within a timely manner.
Hope that helps,
Adam