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Homeownership Terms to Know: Rent-Back Agreement, Joint Tenancy & More

Windemere Buying

The following homeownership agreements provide alternatives to a traditional home purchase. Rent-Back Agreement. A rent-back agreement (also known as a sale lease-back) is tailor-made for homeowners who are buying a home while selling their current one. Joint Tenancy. Tenancy In Common.

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Your Guide to Selling a House with Multiple Owners

HomeLight

And if everyone involved isn’t aligned from the start, you can end up disagreeing on important details when it comes time to sell — potentially wrecking the sale and wasting all of the owners’ valuable time. Fortunately, there are ways to set up a smooth sale on a co-owned property.

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Can I Sell My House Without Both Owners’ Signatures?

HomeLight

If you own the home with your spouse or partner, the process is relatively straightforward when both parties are available to sign all of the documents involved in the sale process. You think the market has peaked and want to cash out but your partner disagrees. But what if the other owner isn’t available or cooperative? Get Estimate.