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20 Real Estate Purchase Lease Options

Real estate purchase lease options, also known as lease-to-own or rent-to-own agreements, allow tenants to rent a property with the option to purchase it at the end of the lease term.

Here are 20 types of real estate purchase lease options:

  1. Straight lease option: A lease agreement that gives the tenant the option to purchase the property at the end of the lease term.
  2. Lease option with purchase price: A lease agreement that specifies the purchase price of the property at the beginning of the lease term.
  3. Installment lease option: A lease agreement in which the tenant pays installments toward the purchase price during the lease term.
  4. Percentage lease option: A lease agreement in which the tenant pays a percentage of their rent towards the purchase price.
  5. Balloon payment lease option: A lease agreement in which the tenant makes a large payment at the end of the lease term to purchase the property.
  6. Purchase option fee lease option: A lease agreement in which the tenant pays a fee for the option to purchase the property.
  7. Lease purchase option: A lease agreement in which the tenant and landlord agree to a purchase price at the beginning of the lease term, and the tenant pays installments towards the purchase price during the lease term.
  8. Lease option with rent credit: A lease agreement in which the tenant receives rent credits for paying rent on time, which can be applied towards the purchase price of the property.
  9. Equity share lease option: A lease agreement in which the tenant and landlord share equity in the property, with the tenant building up equity over time.
  10. Joint venture lease option: A lease agreement in which the tenant and landlord enter into a joint venture to purchase and develop the property.
  11. Seller financing lease option: A lease agreement in which the seller finances the purchase of the property, with the tenant making payments to the seller during the lease term.
  12. Lease option with rent-to-own credit: A lease agreement in which the tenant receives a portion of their rent back as a credit towards the purchase price of the property.
  13. Lease option with lease purchase agreement: A lease agreement in which the tenant and landlord enter into a separate lease purchase agreement at the beginning of the lease term.
  14. Lease option with right of first refusal: A lease agreement in which the tenant has the right of first refusal to purchase the property if the landlord decides to sell it.
  15. Lease option with assignable option: A lease agreement in which the tenant can assign their option to purchase the property to another party.
  16. Lease option with early exercise option: A lease agreement in which the tenant has the option to exercise their purchase option before the end of the lease term.
  17. Lease option with lease extension option: A lease agreement in which the tenant has the option to extend the lease term if they are not ready to purchase the property at the end of the lease term.
  18. Lease option with rent escalation: A lease agreement in which the rent increases over time, with the extra amount going towards the purchase price of the property.
  19. Lease option with buydown: A lease agreement in which the tenant pays a lump sum at the beginning of the lease term to lower the purchase price of the property.
  20. Lease option with subordination agreement: A lease agreement in which the landlord agrees to subordinate their interest in the property to a lender if the tenant exercises their option to purchase the property.
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