Rent to Own Question

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Rent to Own Question - Ontario

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I've been renting since August of 2015 and the landlords have approached us about entering a rent to own agreement while I work on repairing my credit. I gave first and last month's rent when moving in, now with the rent to own agreement we will be providing a down payment as well as increasing the monthly rental amount. My question is this - does my last month's rent continue to be held and applied as the final month of rent at the end of the agreement or should I be able to use that money since I am now providing a down payment of thousands of dollars?

Thanks for any advice.

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pinoscarboni

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Posted: 8 years ago
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