A North Carolina rent-to-own agreement provides a tenant who is renting a residence the opportunity to purchase it during the contract term. It specifies the monthly rent, the option fee required to secure the buying rights, and the parties’ rights and duties. Once the option period expires, the tenant forfeits any nonrefundable fees and their buying rights.
A North Carolina rent-to-own agreement provides a tenant who is renting a residence the opportunity to purchase it during the contract term. It specifies the monthly rent, the option fee required to secure the buying rights, and the parties’ rights and duties. Once the option period expires, the tenant forfeits any nonrefundable fees and their buying rights.
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A North Carolina rent-to-own agreement provides a tenant who is renting a residence the opportunity to purchase it during the contract term. It specifies the monthly rent, the option fee required to secure the buying rights, and the parties’ rights and duties. Once the option period expires, the tenant forfeits any nonrefundable fees and their buying rights.
