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How Rent-To-Own Properties Work
Rent-to-Own, also known as lease-to-own or rent-to-buy, is a housing arrangement where an individual rents a property with the option to purchase it later. In a Rent-to-Own agreement, the tenant, often referred to as the tenant-buyer, pays rent to the property owner, but unlike traditional renting, a portion of the rent is typically credited towards […]
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