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Ernie Garcia, a landlord attorney, discusses rent-to-own deals and emphasizes the importance of a well-drafted agreement in such scenarios. These agreements can give landlords and tenants specific rights, potentially changing their relationship. For example, a lease may include an option to buy that the tenant has paid for, along with a right of first refusal for the tenant. Proper drafting is key in rent-to-own deals to protect both parties' interests.
