Features of rental housing with the subsequent possibility of ransom

Housing and communal problem is perhaps the most relevant to date in our country. The number of people in need of their own housing is an order of magnitude higher than building complexes, but the material component will not allow every average person to get their own corner. The issue of housing is also very relevant among the young layer of the population, most young couples and families are forced to wander around the apartments, renting apartments for a long period of time. This situation creates instability and general indignation in society, thereby forming a general unfavorable climate. Nowadays, a practical each person who rented housing for a long period was asked: could it be possible to use all the money spent on paying off the rent to the purchase of their own home. Moreover, there are quite interesting and tempting programs for mortgage lending or installments. Nevertheless, there are more often people who rent housing for a long time, this is due to high interest rates of mortgage loans, and limited or minimal offers of loans in installments. In fact, the majority have one only option to rent housing for rent. But not every tenant knows that there is an alternative solution to the problem, in the form of renting residential real estate with the subsequent possibility of redeeming it on a residual principle. This proposal in the real estate market is infrequent, but gradually getting into people’s minds and has quite positive responses. After all, in reality, renting housing with the possibility of buying out after a certain period is the most optimal solution for many young families. The only nuance of the mass introduction of such a convenient mechanism is a high risk for both sides that arise due to the lack of price policy and the legal framework by which processes for the transfer and obtaining of residential real estate would be regulated by subsequent redemption. Although at first glance the essence of the transaction is quite simple, both parties conclude an agreement, on the basis of which the transaction object passes into the possession of the tenant after the expiration of the lease agreement, provided that he can pay the entire value of the property completely.