I raised this topic recently.

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I raised this topic recently. It’s come up a couple of times here. Do a search. Also this link gives a bit more insight from Realtors http://www.trulia.com/voices/Home_Buying/Lease_options_rent_to_buy_-225231 Scroll down to the third or fourth post for the best reply.

In my limited experience, these should work well if two parties interests are aligned. The problem seems to be finding that partner, and anyone who knows anything about them. I googled it once and came up with very few inspiring hits. Another problem seems to be that they are associated as a prescription for a particular problem, so many view them through that prism. To me a contract can be anything, you just have to change and agree the wording.