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Rent to Own Homes – BBB Educational Consumer Tips – BBB. – This report is general in nature and is not intended as a reliability report on any company, service or product. Renting a home on a rent-to-own plan, also known as a purchase option or a lease.
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Rent-to-own – Wikipedia – Rent-to-own, also known as rental-purchase, is a type of legally documented transaction under which tangible property, such as furniture, consumer electronics, motor vehicles, home appliances, real property, and engagement rings, is leased in exchange for a weekly or monthly payment, with the option to purchase at some point during the agreement.
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