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In this video, landlord attorney Ernie Garcia discusses rent-to-own deals and their implications. These agreements can vary in structure and give specific rights to both landlords and tenants. The key issue is how the agreement is drafted, as it can dictate the relationship between the parties. For example, tenants may have the option to purchase the property at a later date or a right of first refusal. It is crucial for landlords to carefully consider the terms of these agreements to ensure a smooth and successful transaction.
