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2. What Are the Pros and Cons of Rent-To-Own Homes? - AOL

   www.aol.com/pros-cons-rent-own-homes-194224366.html

   A rent-to-own contract can be structured in one of two ways: as a lease option or as a lease purchase. A lease option gives you a choice to buy the house at the end of the lease term. A lease ...

3. Lease purchase contract - Wikipedia

   en.wikipedia.org/wiki/Lease_purchase_contract

   A Lease-Purchase Contract, also known as a lease purchase agreement or rent-to-own agreement, allows consumers to obtain durable goods [1] or rent-to-own real estate [2] without entering into a standard credit contract. [1] It is a shortened name for a lease with option to purchase contract.

4. Rent-to-own - Wikipedia

   en.wikipedia.org/wiki/Rent-to-own

   Lease purchase agreement (click to view pages) Rent-to-own, also known as rental purchase or rent-to-buy, is a type of legally documented transaction under which tangible property, such as furniture, consumer electronics, motor vehicles, home appliances, engagement rings, and real property, is leased in exchange for a weekly or monthly payment, with the option to purchase at some point during ...

5. Lease-option - Wikipedia

   en.wikipedia.org/wiki/Lease-option

   The option gives the tenant the right (but not the obligation) to purchase the property at a later date. The lease option only binds the seller to sell, it does not bind the buyer to buy. That makes it a "unilateral" or one-way agreement. In contrast, a lease-purchase is a bilateral, or two-way, agreement. The basic elements of a lease-option ...

6. Should You Rent-to-Own? - AOL

   www.aol.com/news/2009-09-18-how-rent-to-own...

   Rent-to-own is becoming more common during the recession as more people find it difficult to get mortgage financing. Turning your rental house into a house you own is a good idea if the total ...

7. Closed-end leasing - Wikipedia

   en.wikipedia.org/wiki/Closed-end_leasing

   Closed-end leases are so called because they run for a fixed term, and the lessor and lessee agree in the lease contract what the residual value of the property being leased will be. In most cases (particularly in retail motor vehicle leases), the lessee has an option to purchase the property for the agreed residual value at the end of the ...