Some tenant-landlord agreements make special arrangements in this case.
Writtent Blog
MAY 8, 2021
The buyer (renter) pays the seller (the property owner) option money for the right to purchase the property later, and they agree on a purchase priceoften at or a bit higher than the current market value. During the term of the option, the buyer agrees to lease the property from the seller for a predetermined rental amount.
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