If you're using a lease option and you want the tenant to lease but not exercise his or her option to buy, which of the following is a good strategy? A O Credit a low percentage of each rent payment toward the purchase price and keep the option fee low and refundable. Keep the option fee as high as you can, but let the tenant pay it off over the course of the lease by adding a little extra to each BO payment. CO Offer seller financing at the end of the lease term. Require a long lease term, preferably at least three years.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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If you're using a lease option and you want the tenant to lease but not exercise his or her option to buy, which of the following is a good strategy?
A O
Credit a low percentage of each rent payment toward the purchase price and keep the option fee low and refundable.
Keep the option fee as high as you can, but let the tenant pay it off over the course of the lease by adding a little extra to each
рayment.
CO
Offer seller financing at the end of the lease term.
DO
Require a long lease term, preferably at least three years.
Transcribed Image Text:14 If you're using a lease option and you want the tenant to lease but not exercise his or her option to buy, which of the following is a good strategy? A O Credit a low percentage of each rent payment toward the purchase price and keep the option fee low and refundable. Keep the option fee as high as you can, but let the tenant pay it off over the course of the lease by adding a little extra to each рayment. CO Offer seller financing at the end of the lease term. DO Require a long lease term, preferably at least three years.
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