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Esign rent to own agreement

[Music] real-estate rent-to-own agreements and you rent-to-own agreements are exactly like the sound but they often get confused in the real estate context people confuse an agreement for sale they confuse an option to purchase with the rent home rent to own is just that a person pays rent on a regular basis and part of the money goes towards the purchase of the property there's all kinds of issues that come up in these situations so it's really important for you to talk to a real estate lawyer to make sure the agreement is drafted for you properly and that is true whether you're the buyer or the seller some issues that come up include lenders that don't count the money toward that you're put on a monthly basis towards your purchase price so that can cause problems also these agreements tend to be very very heavily rated weighted in favor of a buyer or the seller and we want to try and get as close as we can so that it's neutral but there's still going to be some things that protect one person over the other again if you're planning to rent to own it's a great way of buying a house if you can't afford to buy it right now but it is worth paying attention to make sure that you get the information you need before you get into signing an agreement that could leave two troubles that's another Kahane law legal minute thank you for watching and please don't forget like her video share our video and subscribe to our youtube channel so you get the updates whenever we post new ones thank you bye [Music]