Property Ownership
A Wyoming lease agreement that grants the tenant the right to purchase the property is called a:
AGround lease
BLease with option to purchase✓ Correct
CSale-leaseback
DNet lease
Explanation
A lease with option to purchase (lease-option) gives the tenant the right (but not the obligation) to purchase the property within a specified time at a predetermined price. A portion of the rent may be credited toward the purchase price.
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