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Old 07-31-2012, 06:22 PM  
slapass
Too lazy to set a custom title
 
Join Date: Nov 2002
Location: Earth
Posts: 14,622
depending on where you are or how you do the documents, you might be entering into a land contract in which case you would need to foreclose on them to get your place back. So an option is to separate the two transactions. Rent to them. Give them an option to buy. You will quickly see that giving them an option then makes zero sense. So an above market rent for two years and the option are separate but it is understood why the rent is higher.
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