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Updated over 6 years ago,

User Stats

25
Posts
16
Votes
Steven Darrow
  • Developer
  • Halifax, Nova Scotia
16
Votes |
25
Posts

Condo rent to own - Florida - How to best structure? Contract?

Steven Darrow
  • Developer
  • Halifax, Nova Scotia
Posted

I'm looking for feedback on how to best structure a rent to own program for condos in the state of Florida. Generally I understand that it would be structured with a small deposit, as well as higher than market rents, with the deposit and a portion of the rent being applied to the purchase price at closing. Does anyone out there have any success with this, or additional thoughts? Does anyone have a standard contract for this?

Thanks!