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In a rent-to-personal arrangement, the renter leases the property for a particular variety of years at a hard and fast rental value with the option to buy the home at the top of the lease period. The renter has to pay a single choice fee upfront and a monthly rent premium on top of the rental worth. The money accumulated from the month-to-month rent premium and the option charge gets credited towards a down cost if he finally decides to buy the property. If the lease is up and the renter chooses ...

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