The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

FAIR MARKET PURCHASE OPTION Definition & Legal Meaning

Definition & Citations:

When a renter can buy the property at the end of the lease at market value. It is added to an rent to own lease.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.