Most sellers add a clause into the lease to buy agreement making the option consideration and the credits accumulated non transferable to anyone else if the current tenants cannot secure a home loan. If you are considering a lease to purchase home, try and have the lease to buy agreement curved in your favor and make the credits you earn transferable if you cannot secure financing for the rent to own home.

About LifeTips

Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.

Ask a Question

Not finding the advice and tips you need on this Rental Home Tip Site? Request a Tip Now!

Guru Spotlight

Phyllis Serbes

Ever wonder how you could make your life better and more fun? So have tens of millions of fans who have turned to LifeTips for answers over the past decade. We keep the tips, advice, books, podcasts and writing services flowing, so you can keep your life and business growing in the right direction. Upward!