Dreaming of owning a home but can’t qualify for a traditional mortgage just yet? A rent to own lease agreement could be your solution. This arrangement offers a path to homeownership for people who might not otherwise have the opportunity. But what does rent to own mean exactly? In this guide, we explain what is rent to own mean, how it works, and provide insights into rent to own contract forms. What is Rent-to-Own? A rent-to-own or a rent-to-buy arrangement is a legal contract where a potential tenant signs a rent to own home agreement contract with the landlord. The agreement specifies a lease period, during which the tenant rents the property and makes regular payments. A portion of each payment often goes toward the eventual purchase of the home. At the end of the lease term, the t
Oct 08, 2025
Read more