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Lease purchase contract – Wikipedia – A Lease-Purchase Contract, also known as a Lease Purchase Agreement, is the heart of rent-to-own properties.It combines elements of a traditional rental agreement with an exclusive right of first refusal option for later purchase on the home. It is a shortened name for Lease with Option to.

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Rent-to-own isn’t for every renter in the market. Renting a home on a rent-to-own plan, also known as a purchase option or a lease option, means that the renter can choose to buy the home for a.

Rent-to-own startup Divvy Homes raises $30M to expand in Ohio, Tennessee and Georgia – Divvy Homes, a real estate startup that allows would-be homeowners to pay a portion of rent while investing equity, has raised $30 million in Series A funding for its rent-to-own platform. The funding.

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