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What You Need To Know About Rent-To-Own Home Schemes – Rent-to-own schemes (also known as rent-to-buy schemes) are leasing agreements that afford renters the right to buy a home at the end of a pre-determined rental period, at a price agreed prior to signing the agreement.
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What You Need to Know Before Signing a Rent-to-Own Lease – In a rent-to-own lease, a tenant agrees to rent a unit or house from a landlord. Each month, the landlord will stow away part of the monthly payment towards the tenant’s fund in the home. The agreed-upon price stays fixed throughout the lease.
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