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Landlord attorney Ernie Garcia discusses the key points of rent-to-own agreements in this YouTube video tutorial. The agreement between landlord and tenant can vary greatly, with specific rights and naming conventions depending on the drafting. One common scenario is signing a lease with an option to buy, where the tenant may purchase this option. The agreement may also include a right of first refusal for the tenant. Drafting is crucial in rent-to-own deals to ensure both parties understand their rights.