Author(s): Noura Abdul-Rahim Al-Oufi, Salih Ahmed Al-Lahibi
A lease-to-own contract is indeed a compound one, starting with a lease and ending with owning the article on which the contract has been signed. This compound contract complies with the terms and conditions of the two types of contracts, i.e. leasing and owning, unless a conflict occurs between them. If such contradiction takes place in the provisions of these contracts, one type shall prevail. In a lease-to own contract, for instance, the state of selling overrules the renting, and it states from the beginning that it is a sale contract and ownership is suspended due to one condition, and that is the completion of installments. In the current research, we have investigated the legal implications of a lease-to-own contract before payment of installments are completed, coming up with a number of essential conclusions and recommendations.