Читать книгу Rent-to-Own: How to Find Rent-to-Own Homes NOW While Rebuilding Your Credit - Wendy Patton - Страница 15

In any real estate transaction, contracts play a vital role. They define the rules of the transaction. A rent-to-own sale is no different, although there is a bit more paperwork required to cover the different aspects. The three contracts needed in a rent-to-own transaction are the Rental Agreement, the Option Agreement and the Sales Contract. I’m going to give you a brief overview of each contract here so that you have a better understanding. We will look at each one individually in even greater detail in Part 3: “Understanding the Paperwork”.