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What is a Lease Option?

A lease option is like rent-to-own for real estate. It gives the lessee the ability to lease property with the option to buy. It includes a legal agreement with a monthly rental amount due, while also including an option to buy the property for a predetermined price at any time during the length of the agreement. Considering a career in real estate? Check out our upcoming pre-licensing courses here: tocrres.com/register





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