A pre-agreed price for the asset, often slightly higher than current market value to account for future appreciation.
First, your system must distinguish between the two primary legal structures of these deals: rent to buy option
Developing a "Rent to Buy" (or Rent-to-Own) feature requires a careful balance of legal transparency, financial tracking, and user flexibility. Whether you are building this for real estate, automotive, or general retail, the core logic remains similar. 1. Define the Agreement Type A pre-agreed price for the asset, often slightly