With Option To Buy | Homes

: Creates a legal obligation to buy. Failure to complete the purchase at the end of the term can lead to breach-of-contract lawsuits and the total loss of all invested funds. Pros and Cons for Buyers Lease-Option Purchases - National Association of REALTORS®

: Unlike traditional rentals, these contracts often shift the burden of repairs and upkeep to the tenant before they officially own the home. Lease Option vs. Lease Purchase homes with option to buy

: Grants the choice to buy. If the tenant decides not to proceed, they forfeit their fees but are not legally forced to purchase. : Creates a legal obligation to buy