Rent to Own Texas

**zatanaz** · 06-26-2007, 12:42 PM

Hello there,
I'm seeking advice from the experts regarding the Rent to Own law in Texas.
I have a property that I want to lease with an option to buy.
I've read that the rent to own option is illegal in Texas since September 2005.
I've also read that you could do it for 180 days and you could extend it once. Is this true???
I read the bill but did not understand it 100%.
Is there any way around this law.
What if you do a straight lease agreement and do a future purchase contract separately. Is this possible/valid/legal???
Aslo, how do you determine the selling price 1-2 years from now??

Any ideas????

Thank you for your responses.

**Executive Home Buyer** · 08-30-2007, 12:33 PM

Hey Zat,

That is correct, however, I know of someone who is doing this legally.

He is extremely successful as well.

Shoot me an e-mail and I will pass you along to him!

Cheers,

Jean

**jayparmer** · 11-27-2010, 10:44 PM

Originally Posted by zatanaz

Hello there,
I'm seeking advice from the experts regarding the Rent to Own law in Texas.
I have a property that I want to lease with an option to buy.
I've read that the rent to own option is illegal in Texas since September 2005.
I've also read that you could do it for 180 days and you could extend it once. Is this true???
I read the bill but did not understand it 100%.
Is there any way around this law.
What if you do a straight lease agreement and do a future purchase contract separately. Is this possible/valid/legal???
Aslo, how do you determine the selling price 1-2 years from now??

Any ideas????

Thank you for your responses.

An agent with whom you have a great relationship will get you whatever info you want, and you don't have to deal with all the restrictions on investing when you have your license.

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