Beware Of Rent-to-Own Agreements
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  • Beware of Rent-to-Own Agreements

    Beware of Rent-to-Own Agreements

    Para ver este artículo en español por favor, visite aquí. To see this short article in Spanish, see here.

    What is a Rent-to-Own Agreement?

    Many individuals who sign rent-to-own contracts or land contracts wind up kicked out, not homeowners. Rent-to-own agreements and land agreements are promises to buy/sell residential or commercial property or a mobile home over time. However, sellers frequently try to kick out purchasers throughout the agreement. As a result, many buyers do not end up really owning the home, even when they have actually paid for several years.

    Rent-to-own contracts and land agreements are various from normal rental or home ownership. The characteristics of standard rental and home ownership are:
    [rightmove.co.uk](https://www.rightmove.co.uk/property-for-sale/find/Springbok-Properties/Nationwide.html/svr/3116