Today in Agenthia we want to detail what exactly renting with option to buy consists of:

It consists of a double contract composed of two subcontracts. This allows you to live leased for a certain period. Once this has finished, the leased will be entitled to buy the property for the agreed price discounting rental income paid to date (usually you can exercise the purchase after 2/3 years).

It is very important that all the conditions are well specified in the contract.

What should the rental agreement include?

• Term in which the leased can be in the rental housing and term in which the home can be purchased.
• Monthly rental rent.
• Community / reform expenses.

What should the sales contract include?

• Price of the sale of the house.
• Percentage to be deducted from the rental installments made.

Therefore, rent with option to purchase becomes a good idea if you plan, in the long run, to buy the property but do not have the necessary resources at this time. And you, do you think that this type of contract is the ideal for you?