Yes, members can end their rent-and-own agreement early. Members will need to give at least a thirty day notice and pay a termination fee. The termination fee is equivalent to two months of rent and [...]

Members can extend their lease with a one year lease twice. The rent will adjust based on current market rates.

Lease purchase is a type of rent to own agreement that requires the tenant to buy the home at the end of the lease. This is more restrictive than a lease option.

Lease option is a type of rent to own agreement that gives the tenant the option to purchase the home, but not required to do so. Upwardly’s agreement are all lease options