Nouveau Riche University – Lease Options
Lease Options
Level: 301
NR Hour: 3
Content Description
This class examines the planning and strategy necessary to sell a property over time. Creative acquisition strategies applicable to lease options will be discussed. Students will learn how options differ from a standard lease, the best way to create options, the proper method of transferring title, and the differences between options and other sales methodologies. The class examines the legal aspects of options and focuses on ways to avoid problematic issues.
Course objectives
Differentiate a lease option from other leases. Compare common option types. Select a finance method that correlates with option type. Identify when to use a lease option. Define option contract requirements. Understand lease option legal pitfalls to avoid.
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