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How Does Renting-To-Own Work? | Zillow – Rent-to-own is when a tenant signs a rental agreement or lease that has an option to buy the house or condo later – usually within three years. The renter’s monthly payments will include rent payments and additional payments that will go towards a down payment for purchasing the home.
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The Difference Between A Lease And A Rental Agreement – · A rental agreement, by contrast, is a month-to-month agreement.At the end of each 30-day period, the landlord and tenant are both free to change.
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