We have gotten a lot of inquireries lately about Lease/Options,
almost all from Buyers who think that it is the easy way to buy a house:
We tell them that it is NOT!
It is a pit, fraught with dangers.
There is no "boilerplate" contract for a L/O; you will have an Attorney draw up the contract.
It can be written any way you want it to; any way you agree to.
It can be dangerous for the Seller too, because it locks you into something that will have work, 2 to 5 years from now.
Probably better than a Shortsale for a desperate Seller, however.
Good luck and may God bless