During a tenant/landlord relationship, at the time the value of the rental space has been paid, ownership of the rental space may be transferred to the renter if the renter chooses at that time.  Rental situations become may become 'rent-to-own' at the renter's digression once value of the rental space has been paid via monthly rent.

In the case that a renter has rented for a period of time resulting in at least half the value of the product being paid, the renter may at any time pay the lump sum difference between the amount of rent paid & the value of the rented space in order to purchase the space early.

At the time the renter becomes owner of the rented space, the value of the building becomes reassessed and the value of that space will be given a new value by a county assessor-- improvements &/or damages included.

If the assessment seems unfair to the new owner, they may challenge the assessment in court so that a second assessment is made.

In order to determine the value of a rental space, the tenant must keep document records of alterations they have made during the rental period.

To offset the value that the is being lost by the landlord &/or landowner by these changes, landlords will be able to qualify for an "eminent domain" credit, as they are reimbursed for any loss for the sake of the greater community.

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