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Lease purchase contract
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===Nigeria=== The [[Lagos]] State Home-Ownership Mortgage Scheme (LagosHOMS) is a rent-to-own housing program that targets people who currently cannot afford a mortgage, but given will be able to. Tenants are expected to pay rent for a period of time, after which they are invited to transition into mortgage payments. The program is designed with young professionals in mind, including [[Teacher|teachers]] and junior [[Civil service|public servants]]. The program has produced well over 200 new homeowners in the city.<ref>{{cite web |url=http://businessdayonline.com/2014/07/lagoshoms-plans-rent-to-own-scheme-creates-193-jobs-for-project-firms/#.VC1-2vldWk8 |url-status=dead |archive-url=https://web.archive.org/web/20141019091752/http://businessdayonline.com/2014/07/lagoshoms-plans-rent-to-own-scheme-creates-193-jobs-for-project-firms/ |archive-date=2014-10-19 |title=LagosHOMS plans rent-to-own scheme, creates 193 jobs for project firms {{!}} BusinessDay}}</ref>
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