Rent to buy

Rent to buy

"Rent to buy" is a particular type of agreement, which falls within the scope of agreements for the enjoyment of an immovable property, which has gradually become widespread in practice in order to postpone the final effects of a real estate transaction to a future time. A future buyer obtains immediate enjoyment of the property against the payment of a down payment and monthly amount for a certain number of years; at the end of the conventionally agreed period (which can have a maximum duration of ten years) the sale of the property is finalised by paying the remaining price (generally around 85% of the value of the property).


Contracts