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Updated almost 5 years ago,
Rent to Own - Capital Improvements During Lease to Purchase Price
I have been trying to research information on one question I have with the Option to purchase of a RTO:
Being the purchase price is negotiated at the beginning of the lease, how does a landlord/seller cover themselves in large improvements to the property. For example, if the roof is replaced but the purchase price stays the same, the tenant/buyer scores a sweet deal. Am I missing a clause typical for an agreement?
Just reaching out to get more educated before talking with a local real estate attorney.