Legal Question in Real Estate Law in Virginia

rent with option

if you start renting with option to buy does the purchase price first agreed upon stay the same if you rent for several years and property value goes up?


Asked on 6/15/07, 7:54 am

1 Answer from Attorneys
Robert Strupp Robert J. Strupp,Attorney at Law, PLC

Re: rent with option

This depends on the agreement. Often, the rent with option is for a pre-determined price and is valid for a pre-determined period of time.

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Answered on 6/15/07, 8:12 am


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