The purchase price is usually agreed upon at the start of the lease, protecting the buyer from market increases.
A valid Georgia lease-option typically consists of two distinct parts: a standard residential lease and an option contract. lease with option to buy in georgia
A portion of the monthly rent (often 10% to 30% ) may be credited toward the eventual down payment or purchase price. The purchase price is usually agreed upon at
Under , these agreements must be in writing and include specific disclosures to be enforceable: Understanding lease purchase and lease-to-own agreements lease with option to buy in georgia