Lease with Option to Purchase: A Grey Area

The scenario is a classic one. Individuals express interest in purchasing a property but are not yet able to acquire it immediately. You therefore agree, in a more or less detailed contract—referred to, depending on the circumstances, as an option‑to‑purchase agreement, a promise of sale with right of occupation, a transitional rental agreement pending a projected sale, or an option to purchase integrated into the lease. The title and the clauses included vary as widely as the situations themselves.

This article is locked and is accessible only to Silver, Gold or Platinum members.