Property Management
In Kentucky, a lease option agreement gives the tenant the right to:
ASublease the property without landlord consent
BPurchase the property at a specified price within the option period✓ Correct
CTerminate the lease at any time without penalty
DDemand a reduction in rent if market rents decline
Explanation
A lease-option gives the tenant the right (but not the obligation) to purchase the property at a predetermined price during or at the end of the lease term.
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