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In this tutorial, attorney Ernie Garcia discusses the topic of rent-to-own deals for landlords. These agreements can vary greatly in terms and give both landlord and tenant specific rights. The key issue lies in how the agreement is drafted. One common scenario is signing a lease with an option for the tenant to buy, possibly after purchasing the option. The agreement may also include a right of first refusal for the tenant. Drafting is crucial in ensuring clarity and protection for both parties.
