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A rent-to-own agreement is a contract between a tenant and a landlord outlining the terms of renting an apartment with the option for the tenant to purchase it within a specified timeframe. Unlike a standard lease, this agreement often assigns more maintenance responsibilities to the tenant and may involve higher rent, which can be held in escrow for the purchase. This type of agreement benefits tenants by giving them the opportunity to buy the property before it is offered to others, while the seller has an obligation to sell. However, the tenant is not obligated to proceed with the purchase if they choose not to.