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KT Las Vegas Homes
  • Home
  • About
  • Home Search
  • Selling
    • Thinking about selling your home in Las Vegas?
  • Buying
    • Buyer Guide
      • Utilities
      • Residential Disclosure Guide
    • FAQs
      • Real Estate Terms Lookup
    • New Homes
    • Moving Checklist
    • Mortgage Calculator
  • Communities
    • Anthem
    • Centennial Hills
    • Central Las Vegas
    • Enterprise
    • Green Valley
    • Henderson
    • Las Vegas Country Club
    • North Las Vegas
    • Paradise
    • Skye Canyon
    • Spring Valley
    • Summerlin
    • Sunrise Manor
    • Whitney
  • Contact
  • Register / Sign in

Follow us

  • facebook
  • instagram
  • youtube
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Rent-back

A

Rent-back

Rent-back, or leaseback, refers to an arrangement whereby the buyer, who is now the new homeowner, agrees to allow the seller, the now-tenant, to stay in the house beyond the close of escrow. The terms are negotiated prior to the situation occurring and will often involve a lease deposit, a daily rental rate, and a length of time allowable.

The rate can sometimes be determined by looking at the new homeowner’s monthly out-of-pocket for the mortgage as well as the possible inconvenience this may cause them in delaying their own move, all factoring into a daily rate.

Category: Real Estate Terms
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