The rent-to-own (RTO) company sends you two agreements, a lease agreement for a term of three years and an option-to-purchase agreement (lease-option), which will set a home price and rent credits rate. The agreement details would look like this -. Current Price: $400,000. Lease Tenure: 3 Years.. Go to the dinosaur capital of Alberta (2 hours away) Shop in West Edmonton Mall (3 hours away) Visit one of the 20 library branch locations;. New communities are being built constantly. This means that you can look for rent to own homes in Calgary that meets all of your expectations at affordable price. Get Approved for a Home. 1-844-919.
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Alberta House Partners: Your trusted leader in rent-to-own programs. Discover the ideal program tailored for you. Reach out to us at (403) 879-6802 to learn more.. Rent to Own in Alberta agreements are legal and enforceable, but they must comply with the Residential Tenancies Act (RTA). The RTA sets out specific requirements for Rent Own agreements, such as the option fee cannot exceed 4.9% of the property’s value, and the landlord must provide written notice of the tenant’s rights and obligations.
