If you have decided to enter into a rent-to-own contract, then we strongly advise that you have a binding rent-to-own contract in place.
A Rent-to-Own Contract is created when the seller (lessor) and the buyer (lessee) agree that the purchaser pays a deposit to the seller, and both parties sign a lease agreement for a specified period at the end of which, the buyer will be able to elect whether or not to purchase.
Category: Commercial Law Tags: Commercial Law, Contract Category: Commercial Law Tags: Commercial Law, Contract
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