Lease Purchase
Rent with an option to buy, the so-called option to rent or lease purchase. For residential properties, it is a contract between the tenant and the landlord. During the term of the contract, tenants or tenants to pay rent to the landlord or the owner so that the tenants would be able to live or the use of residential buildings, like his house. After the duration of the contract, tenants or tenant has the opportunity to the apartment of the owner or the landlord. Normally wanted to have those who own a home, but it can not afford to buy a farm or a wrong folder credit history, are those who opt for the rent with an option to buy or rent option.
