Lease Term

1 min. readlast update: 12.28.2023

The standard lease term (i.e. the length of the lease) is seven years but can be extended through a renewal if agreed to by yourself and the participating owner. 

After four years in the lease, you can buy the home from the participating owner. Alternatively, you can request a sale of the property in the open market. 

If plans change and you need to exit the lease earlier than four years, please reach out to our friendly support team to help you explore your options which may involve reassigning your lease and buy-option to another family.

Was this article helpful?