RENT TO OWN LABS, LLC is a Florida-based company involved in real estate leasing options with an innovative approach to home purchasing. Incorporated on December 28, 2017, under the filing number L17000263305, the company operates from its headquarters at 2860 DELANEY AVENUE, SUITE 568892, ORLANDO, FL, 32856. Led by authorized members MARTIN DEVELOPMENT GROUP, INC. and HYPERLYNX MEDIA, INC., RENT TO OWN LABS, LLC focuses on providing alternatives to traditional homebuying methods by allowing potential homeowners to lease properties with an option to purchase later.
Their business model involves structured negotiation of lease terms based on the duration required for buyers to save a down payment for owning the property. The company ensures that rental payments are strategically used towards down payments, while protecting both parties' financial interests. Rent credits during leasing agreements are securely held in escrow accounts and can be applied toward purchasing the home when financially feasible.
This model is designed to accommodate varying buyer circumstances; however, it includes scenarios where premium amounts may be matched by sellers or adjusted according to market values, offering flexibility and potential savings for buyers. If a purchase option is not exercised at the lease's end, non-refundable fees and rent credits are forfeited.
RENT TO OWN LABS emphasizes clear agreements with detailed terms regarding financial responsibilities like taxes and insurance, ensuring all obligations by landlords and tenants are transparently managed to prevent future discrepancies in property management. The company maintains its operational details on their website at [www.renttoownlabs.com](http://renttoownlabs.com), and it is registered under the Federal Employer Identification Number 82-3828122 with its most recent annual report filed on February 6, 2024.
KEY FACTS ABOUT RENT TO OWN LABS, LLC
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US Businesses
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Companies in Florida
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Orange County Companies
- Company name
- RENT TO OWN LABS, LLC
- Status
- Active
- Filed Number
- L17000263305
- FEI Number
- 82-3828122
- Date of Incorporation
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December 28, 2017
Age - 8 years
- Home State
- FL
- Company Type
- Florida Limited Liability
CONTACTS
- Website
- http://renttoownlabs.com
RENT TO OWN LABS, LLC NEAR ME
- Principal Address
- 2860 DELANEY AVENUE,
SUITE 568892,
ORLANDO,
FL,
32856,
US
See Also