A pre-agreed price for the asset, often slightly higher than current market value to account for future appreciation.
An upfront payment (usually 1–5% of the total value) that grants the user the exclusive right to buy. This is typically non-refundable. rent to buy option
A portion of each monthly payment (e.g., 10–20%) that is set aside and credited toward the final purchase price or down payment. A pre-agreed price for the asset, often slightly
First, your system must distinguish between the two primary legal structures of these deals: A pre-agreed price for the asset