Do you know how a purchase lease agreement works? A purchase lease agreement works a little like a lease and a little like a sale. The buyer pays the seller an option for the right to later buy the land. In the meantime, he or she leases the property for a predetermined amount for a specified period of time (usually one to three years).
Sound confusing? It doesn’t have to be. The experts at RDS Real Estate can sit down with you and explain the benefits and liabilities of a purchase lease agreement and why it may (or may not) be the right fit for you. Contact RDS when you need reliable information quickly. sk