Updated about 17 years ago on . Most recent reply
Texas Lease Options
Since this affects us in Texas greatly, I thought I'd start a thread. If anyone has any of the specifics of it, the general concensus I am getting is don't do them. I've heard some rumblings about there being a loophole if they are 3 years or less, but even then, the tenant buyer has many many rights that would prevent us from even using it as a feasible option. A law passed in January of this year that prohibits us from doing it. This affects our purchasing subject to as well. If anyone has any more specifics, that would be great.