releaz offers the opportunity to owners to acquire liquidity through the sale and leaseback of their properties, while retaining at the same time the right to repurchase them.
The rental is for a minimum 5-year period at a pre-agreed annual rent, at owner’s discretion, ranging from 4% to 6% on the cash proceeds. Owners have the right to repurchase their properties within the 5-year period at pre-determined repurchase prices depending on the cash proceeds, the annual rent and the year of repurchase. Owners terminating the rental prior to the end of the 5-year period or defaulting under their lease-back agreements, forfeit automatically their repurchase option.
The terms of the rental and the repurchase option are agreed upon at the time of the property acquisition and are included in releaz’s notarial contracts, thus providing legal protection to all transacting parties.