Gives you the right to buy but no obligation. If you walk away, you lose your fees but avoid legal breach.
Instead of a security deposit, you pay a non-refundable "option fee" (typically 1% to 5% of the home's value) to lock in your exclusive right to buy. rent to buy homes houston
The process generally involves two distinct legal agreements: a standard lease and an . Gives you the right to buy but no obligation
