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Email Rent to Own Contract

Email Rent to Own Contract

Aug 6th, 2022

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How to Email Rent to Own Contract

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A rent-to-own agreement is a contract between a tenant and a landlord that details the terms of rental and the potential purchase of the rented apartment within a specified timeframe. Unlike a standard lease, this agreement often entails the tenant assuming more maintenance responsibilities and paying higher rent, which may be held in an escrow account until purchase. This type of agreement provides the tenant with the option to buy the apartment before it can be offered to others, while obligating the seller to sell the property. However, the tenant is not compelled to buy if they choose not to proceed with the purchase.

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