Resident, Buyer Main Page Why Rent from Crown View Homes for Rent Lease Purchases Qualifying Requirements Submit an Application Buy a Home Maintenance Request Credit Card Authorization	Lease Purchases > How a Lease Purchase Works A Lease Purchase is an agreement to buy a home with a delayed closing date and a rental agreement to define the issue of occupying the property prior to closing. It involves a standard real estate purchase agreement that identifies the price, title exam, warrantee deed, prorations, and termite letter, just like the one you would use to buy and close in 30 days, and a standard rental agreement that defines who’s going to live there, the rent, move-in date, move-in inspection and all the issues of a normal rental situation. Crown has completed over 350 such transactions since we started them in 1988 and we know how to get them closed. As an accredited school with the Georgia Real Estate Commission Crown’s staff teaches real estate agents how lease purchases should be done and holds lease purchase workshops at local, state and national real estate conventions.