Landlord may prominently display a "For Sale" or "For Lease" or similarly worded sign on the. Property during the term of this Lease or any renewal period.Setting up a lease to own agreement is similar to setting up a rental agreement but with an option to buy at the end of the lease term. Lease-purchases may provide that once a sufficient down payment is paid, the tenant-buyer will have an option to purchase the property at a certain price. In a renttoown agreement, you agree to rent a home for a specific length of time, and you have the option to buy the same home before the lease on it expires. Attorney Daniel Burke has years of experience with real estate law and has assisted both landlords and tenants in the drafting and review of lease agreements. SPECIAL PROVISIONS: (Do not insert a lease-option or lease-purchase clause without the assistance of legal counsel. A lease with option to purchase is like an owner finance. The difference is the amount of time rented, living in the home. In a rent to own agreement, the buyer typically pays an option fee upfront, which gives them the right to purchase the property at the end of the lease.