Exclusive Right To Lease Or Lease With Option To Sell: Fill & Download for Free

Yes.There are multiple ways to “acquire the right of property” without actually buying the property. For example:Equitable Interest: There are a number of ways to control a property—such as through an option—that give you equitable interest in the property. You don’t own the property, but you have the right to purchase it.Lease or Buy a Single Right: Ownership actually consists of a “bundle of rights.” For example, typically someone has not just the surface rights, but also the mineral rights and the air rights. It’s possible for the owner to sell or to lease one of those rights (mineral, air) without selling the property itself. You might, for instance, have the right to drill for oil or to harvest timber without owning the land.Easements: This is a bit different. Still, suppose you own a house with a shared driveway. You’ve got to drive over someone else’s property to reach yours. With the easement, you have a right of access, even though you don’t own the property.Leases: You might consider a lease “the right of property.” That’s especially true with long-term land leases. There are properties sitting on land with 99-year leases. You effectively have the right of property, even though someone else owns it.Limited Common Elements in a Condo: This doesn’t fully qualify, but it’s close. Suppose you have a condominium with a balcony. Only you can access the balcony; no one else can. It’s likely that the balcony is described as a “limited common element.” That is: While the balcony is owned by the condo association, you have the exclusive rights to it. You still have to abide by the condo association’s rules and regulations (for instance, there might be a ban on using grills on the balcony), but that’s really an association regulation and not a reflection of ownership.

You bet your bottom dollar they do.You see that guy? That's Timbaland his beats are sought after like nobody's business. Singers, rappers line up to buy this guys work. He sells his beats from $50,000 - $1 million.It's one thing to make beats it's another to sell. Most producers I know make their money from selling the licensing terms or rights to use of their music.Most producers sell licenses according to three main categories: Lease licenses, Exclusive licenses and Sync licenses. Lease licenses are non-exclusive licenses with a limited sales cap. This means that your buyer can only sell a limited number of digital downloads or physical albums (usually around 2000-5000). Your beat can be leased to an unlimited amount of buyers as you retain the rights to your beat. Lease licenses are sold by producers anywhere from $1-50, with an average of about $25. It is common practice to also offer Premium Lease licenses, where buyers are given the option to pay a little extra to receive separated instrumental track lines of your beat and/or to sell more units.I could go on and on about exclusive licensing but you can look up on this and decide for yourself, which road you want to take if you're a producer and want to start selling beats.Hope it sheds some light on what you're looking for.All the best

The short answer is that they work however you want them to. When you establish a contract with the seller/landlord, you can define it exactly the way you want. There are a few traditional ways that a lease-to-own is setup:Land Contract - A land contract is essentially an installment sale. The price is agreed upon up front, along with a monthly installment payment. The difference between this and a true installment contract is that the buyer does not get full equitable title. If you miss a payment, you can be evicted and get nothing for all the payments you have made. Whereas in a true installment sale, there would be some default language which would control how the default would be settled.Lease with Option - Under this method, you have a regular lease. You also pay an annual (or as agreed) option fee for the exclusive right to purchase the property at a predetermined price. The option agreement specifies how much (if any) of the prior rents will be credited toward the purchase price. The owner is obligated to sell if the option is exercised, but the lessee is not obligated to buy.Reflected in Lease Sometimes you see the language written into a clause in the lease. I’m not a fan of this because it seems weak and doesn’t give the lessee much flexibility.Of these, my preferred is #2, unless you’re a farmer. The Lease-Option works quite nicely and it protects both parties well. With our investment properties, we added a few things to our Lease-Options:Credits toward purchase price were X% of on-time rents. This takes a bit of extra accounting, but it gives the renter a huge incentive to never be late.The option could be renewed automatically at a predetermined schedule, as long as the option payment was delivered on time (time is of the essence). In an increasing market this worked to the renter’s benefit by locking in low increases in purchase price. It also ensured the option payment would always be made on time.The option contract would specify a five year automatic renewal schedule (noted above), with a price for each year (one thru five). This meant that both buyer and seller were protected. Of course if prices rise faster than anticipated, the seller would give up some money, but this is reasonable to have a renter with a big incentive to purchase (you’ll save it back on the Realtor commission).The option credited back to seller X% of any repairs (not maintenance) made. This persuades the renter to keep the property in good repair and makes them share the cost of any casualties.I loved these — they made being a landlord a lot less work. Only once did we have a tenant where we made her a real sweetheart deal on a home we had repaired then rented. She defaulted and the option money, etc. she lost did not persuade her to make things right. When we got her out we found out why — she was an extreme hoarder - the property was hip-high with trash, and her kids had urinated in pretty much every imaginable place that didn’t have trash on the floor. She would never have qualified, so the option meant nothing to her.