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2. 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.

3. 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 ...

4. 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 ...

5. Hire purchase - Wikipedia

   en.wikipedia.org/wiki/Hire_purchase

   Hire purchase. A hire purchase (HP), [1] also known as an installment plan, is an arrangement whereby a customer agrees to a contract to acquire an asset by paying an initial installment (e.g., 40% of the total) and repaying the balance of the price of the asset plus interest over a period of time.

6. 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 ...

7. How to buy a house from a family member - AOL

   www.aol.com/finance/buy-house-family-member...

   Pros of buying a family member’s home. Commission savings: If you and a trusted family member agree to a sale, you might be able to eliminate the need for real estate agents.Considering that the ...