From: "JS" 
Newsgroups: misc.invest.real-estate
Subject: Re: Lease option how best to structure
Date: Tue, 10 Aug 2004 16:43:57 GMT


"PMD"  wrote in message
news:a73547e7.0408100448.1aa9e9cf@posting.google.com...
> Hi All: I am going to lease - option a property I own and am wondering
> about the best way to do it. Is it better to have a separate lease and
> attach the option as a separate document or is it better to combine
> the two into one contract? Also, I am probably going to ask for a 2%
> option fee to lock the price in for one year. Is 2% reasonable?
> Thanks for any advice you can give me.
> Max

I hope you are selling or renting at something above market.  If I
understand you correctly, you are talking about effectively loaning your
money out at 2% for a year.