Real Estate Lease-Options: Legal Overview and Key Considerations Real estate lease-options, also known as lease-to-own or rent-to-own agreements, and many other variations, are generally legal in most jurisdictions. In the many real estate fields, they can be pretty common, while they are less frequently transacted in residential real estate, where consumers and professionals are generally less experienced, sophisticated and trained in favor of the simpler, main stream conventional sales. However, there are areas of the country where people...CONTINUE READING