A Georgia rent-to-own agreement is a lease-option arrangement that enables a tenant to rent property while gathering the necessary financing to eventually buy it. The contract may state that a portion of the rent payments may be credited toward the purchase price. Furthermore, a deposit may be required in addition to any consideration payments made at the beginning of the lease term.
A Georgia rent-to-own agreement is a lease-option arrangement that enables a tenant to rent property while gathering the necessary financing to eventually buy it. The contract may state that a portion of the rent payments may be credited toward the purchase price. Furthermore, a deposit may be required in addition to any consideration payments made at the beginning of the lease term.
PDF DownloadA Georgia rent-to-own agreement is a lease-option arrangement that enables a tenant to rent property while gathering the necessary financing to eventually buy it. The contract may state that a portion of the rent payments may be credited toward the purchase price. Furthermore, a deposit may be required in addition to any consideration payments made at the beginning of the lease term.