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OCR Rent to Own Contract

OCR Rent to Own Contract

Aug 6th, 2022

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How to OCR Rent to Own Contract

5 out of 5

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In this video, landlord attorney Ernie Garcia discusses rent-to-own deals, emphasizing their complexity and importance of proper drafting. He notes that agreements can vary significantly and may alter the traditional roles of landlords and tenants, making it essential to clearly define rights within the contract. These agreements can include features such as a lease with an option to buy, which may require the tenant to pay an option fee. Garcia highlights that how these documents are written can fundamentally impact the rights and obligations of both parties, stressing the need for careful consideration and legal guidance when entering such arrangements.

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