Our Lease Purchase Program provides transparency, choice, control, and flexibility to our residents, by giving rent pricing certainty and right to purchase pricing certainty, access as a renter to a wider inventory of homes than those currently available to rent, the exclusive Right to Purchase the home from at us at any time during their time in the lease Purchase Program, and access to financial wellness and budgeting resources to set our residents up for success.
Advantages
| Standard Residential Lease | Home Partners Lease with a Right to Purchase | |
|---|---|---|
| Sign A Lease | Yes | Yes |
| Financial Commitment Limited to 1 Year | Yes | Yes |
| Security Deposit Required | Yes | Yes |
| Rental Rate Certainty | Typically 1-2 Years | 5 Years |
| Right to Purchase | Yes | |
| Mutual Responsibility to Maintain Home | Yes | |
| Right to Purchase the Home at a Predetermined Price | Yes | |
| Pick from Many* Homes Available | Yes |
*Based on qualifying factors