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A rent to own agreement is a contract between a tenant and a landlord, outlining rental terms with an option for the tenant to buy the apartment within a specified period. Unlike a standard lease, this agreement often assigns more maintenance responsibilities to the tenant and involves higher rent, which may be held in escrow until purchase. Such agreements provide tenants with the opportunity to purchase the rented property before it is offered to others, ensuring the landlord is obligated to sell. However, the tenant is not required to proceed with the purchase if they choose not to.