Mississippi Rent-to-Own (Lease Option) Agreement

A Mississippi rent-to-own agreement is a real estate contract between a landlord and tenant that allows the tenant to purchase the property after leasing it. The landlord will often charge the tenant an option fee that goes towards the final purchase price. The tenant doesn’t have to buy the property at the end of the lease, but payments applied to the purchase price may be nonrefundable.

Mississippi Rent-to-Own (Lease Option) Agreement

A Mississippi rent-to-own agreement is a real estate contract between a landlord and tenant that allows the tenant to purchase the property after leasing it. The landlord will often charge the tenant an option fee that goes towards the final purchase price. The tenant doesn’t have to buy the property at the end of the lease, but payments applied to the purchase price may be nonrefundable.

Last updated February 10th, 2024

A Mississippi rent-to-own agreement is a real estate contract between a landlord and tenant that allows the tenant to purchase the property after leasing it. The landlord will often charge the tenant an option fee that goes towards the final purchase price. The tenant doesn’t have to buy the property at the end of the lease, but payments applied to the purchase price may be nonrefundable.

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