Rent-to-Own Homes: A Win-Win for Landlords, a Risk for Struggling Tenants – Mr. Szkaradek, 36, collects rent. terms and requirements, and were not sure whether they were owners or renters. They signed their leases and put down an initial payment to reserve the right to buy.

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Pros & Cons of Rent-to-Own | Pocketsense – Rent-to-own leases typically carry much higher rental payments than a typical property; the owner applies some of the payment toward the purchase price, but can also command a higher rent due to the tenant’s wish to own the home.

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A Lease Must Be Fair and Reasonable – Landlordology – The difficult lesson that I learned was that a proper lease agreement is both fair and reasonable.. A lease should specify the rules by which both parties must to play the game, but doesn’t force either the landlord or tenant to waive their legal or natural rights.

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The Top Ten Lease Terms You Should Have When Renting – FindLaw – A lease or rental agreement is the foundation of the landlord-tenant relationship, and there are certain lease terms that should be in every agreement. Typical things that states require include notice requirements, rights on subletting, flood and chemical disclosures and anti-discrimination notices.