Rent to Own Lease Signing Process (Oakland, CA)While everyone is familiar with how to rent a property, not very many people know that they have an option to buy the property they are renting as wellâin other words, rent to own. Lease Purchase Options (LPO), are rental contracts that include the rental of the property, with the agreement that the renter will be given the option to purchase the property at the end of the lease.
This is a brief overview of a lease signing for a Lease Purchase Option. If you would like a more indepth explanation of the contract in this video, read the article here:
http://dcrealestategroup.blogspot.com/2010/02/lease-signing-process-for-rent-to-own.html