The rental of a home-purchase

The promoters are seeking alternatives to dispose of property that takes some time without selling. According to a report published by the Cadena Ser, at least 6,000 homes have been sent recently to the Society of Public Rental (SPA), from Spanish promoters to put that body in the lease.

The lease-purchase is an attractive formula for small and medium entrepreneurs fail to find buyers for potential buyers wanted and they can not buy a home ownership from the outset because they can not have a bank credit in the beginning.

Some analysts agree that this funding mechanism is available in mixed situations of economic recession, which is currently how the housing market.

In this sense, an optimal formula for the disposal of new homes and apartments in stock.

Las agencias que ofrecen este tipo de servicios plantean a los interesados la opción de alquilar la vivienda de obra nueva por un precio asequible, de mercado, que variará en función del inmueble, de su situación, características y calidades, con una opción de compra pasados 2 to 5 years.

The main feature of this method is that the payments to be made during the life of the lease are not going to deaf ears. When that period and the lease period ends, these amounts are deducted in the final price of the house that the tenant will have to pay.

The real estate NOZAR, for example, announced last October, this method, the formula A + C ", which allowed customers to rent an apartment in new buildings of the promoter from 550 euros a month with a term of 5 years to acquire it later discounting at the time payments during the lease.

The latest reform of the Housing Plan 2005-2008 has also included this mechanism in its proposal and the Region of Murcia, meanwhile, is already one of the regions in which the promotion of housing in hire purchase .

Legal Aspects

The purchase option is regulated between the parties, that is, landlord and tenant in a lease to which this particular figure.

Those interested in signing a joint contract that guarantees the lessor to the lessee may acquire the property in an agreed period.

Moreover, both are committed to raising a deed of sale the previous contract on time.

Until the time of purchase, the lease is governed by natural means as provided in a contract to use for this modality.

In any case, the law applicable to this contract is section 1255 of the Civil Code: "The parties can establish the covenants, terms and conditions that are inconvenient, if not contrary to law, morals or public order .