lease to own house contract

in a “rent-to-own” agreement (sometimes called a lease-option), a landlord rents you a home and gives you the option to buy it in the future. it is a contract between you and your landlord giving you a chance to buy the home later if you complete all conditions. the landlord will not have to sell you the home after a certain day or event. the landlord may be planning to evict you before you can buy the home. if the home is not up to code, banks will not lend you what you need to buy it. you have no right to cure (fix) a default to save the home.