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In this tutorial, landlord attorney Ernie Garcia discusses rent-to-own deals and highlights the importance of carefully drafting agreements. Rent-to-own agreements can vary in structure and give both landlords and tenants certain rights. It is crucial to clearly define the terms of the agreement, such as options to buy and rights of first refusal, to avoid potential conflicts. Drafting a well-written agreement is essential to ensure both parties understand their rights and obligations in a rent-to-own scenario.
