: An upfront, non-refundable payment (typically 1–5% of the purchase price) that secures the right to buy.
: The duration (in months or years) the tenant has to exercise their right to buy. lease with option to buy listings
To support these listings, your database and UI should capture specific financial and temporal fields beyond standard rent: : An upfront, non-refundable payment (typically 1–5% of
: The locked-in price the tenant will pay if they exercise the option. : A flag to indicate if the purchase
: A flag to indicate if the purchase is optional (Lease-Option) or legally mandatory (Lease-Purchase). 🛠️ Essential Features Lease Option | Buildium
To develop a "Lease with Option to Buy" feature for a real estate platform, you need to bridge the gap between traditional rental and sales listings. This arrangement allows tenants to rent a property for a set period (usually 1–3 years) with the exclusive right to purchase it at a predetermined price before the lease expires. 🏗️ Core Data Model & Listings
: The portion of the monthly rent that will be credited toward the down payment or purchase price.
