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2. Lease-option - Wikipedia

   en.wikipedia.org/wiki/Lease-option

   A lease option (more formally Lease With the Option to Purchase) is a type of contract used in both residential and commercial real estate.In a lease-option, a property owner and tenant agree that, at the end of a specified rental period for a given property, the renter has the option of purchasing the property.

3. Rental agreement - Wikipedia

   en.wikipedia.org/wiki/Rental_agreement

   A rental agreement or lease may include a "rent review" clause which makes provision for the rental amount to be increased, the process for the landlord to provide notice of a rent increase and the options available to the tenant regarding acceptance or rejection of the proposed increase. [3]

4. Option contract - Wikipedia

   en.wikipedia.org/wiki/Option_contract

   An option contract, or simply option, is defined as "a promise which meets the requirements for the formation of a contract and limits the promisor's power to revoke an offer". [1] Option contracts are common in relation to property (see below ) and in professional sports .

5. Renting - Wikipedia

   en.wikipedia.org/wiki/Renting

   Such arrangements are also known as lease-option, lease-to-own or lease to purchase option. Hire purchase, used in the UK and other countries for the purchase of cars, other consumer equipment and business equipment. The term lease-purchase is also used. Closed-end leasing, used in the US and Canada for the leasing of cars.

6. Lease purchase contract - Wikipedia

   en.wikipedia.org/wiki/Lease_purchase_contract

   The lease purchase agreement expounds upon what responsibilities the tenant/buyer and landlord/seller undertake during the course of the lease. This contract should describe any option fee and how much of the monthly payment will be credited to the down-payment for the purchase of the home at the end of the lease. At the end of the lease-term ...

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