RTO meaning in Real Estate ?

Answer:

What is Rent-to-own mean?

Rent-to-own, also known as rental purchase or rent-to-buy, is a type of legally documented transaction under which tangible property, such as furniture, consumer electronics, motor vehicles, home appliances, real property, and engagement rings, is leased in exchange for a weekly or monthly payment, with the option to purchase at some point during the agreement.

A rent-to-own transaction differs from a traditional lease, in that the lessee can purchase the leased item at any time during the agreement (in a traditional lease the lessee has no such right), and from a hire purchase/installment plan, in that the lessee can terminate the agreement by simply returning the property (in a hire purchase the buyer has a limited time, if any, to cancel the agreement).

The usage of rent-to-own transactions began in the United Kingdom and Europe, and first appeared in the United States during the 1950s and 1960s. While rent-to-own terminology is most commonly associated with consumer goods transactions, the term is sometimes used in connection with real estate transactions.

reference

Full Form	Category
Research and Technology Organisation	Academic & Science
Research and Technology Organization	Academic & Science
Regional Transmission Organization	Business
Return To Origin	Business
Registered Training Organization	Business
Return To Office	Business
Rentokil Initial, P.L.C.	Business
Requested Time Off	Business
Retired Teachers of Ontario	Business
Really Terrible Orchestra	Community
Regional Tourism Organisation	Community
Really Ticked Off	Community
Real Time Output	Computer Assembly Language
Return To One	Computer Assembly Language
Runtime Object	Computing
Random Target Optimizer	Computing
Request Timed Out	Computing
Receiver Timeout	Computing
Real Time Object	Computing
Ready To Order	Computing
Real-time Oscillograph	Electronics
Royal Trusted One	General
Really Tasty Onion	General
Rejected TakeOff	General
Reno Tahoe Odyssey	General
Thermal Oxidizer	General
Retention Training and Observation	General
Restore Time Objective	General
Ready Training Online	General
Reno Tahoe Open	General
Registered Training Organisation	General
Real Time Ordering	General
Road Transport Office	General
Registered Training Organisations	General
Receptive Tour Operator	General
Reptile Take Over	General
Revert To Owner	General
Regenerative Thermal Oxidation	General
Recognised Test Organisations	General
Real Time Optimized	General
Retentive Timer On	General
Rapid Take Off	General
Renault Trucks Oils	General
Right Turn Only	General
Road and Tunnel Operations	General
Road Transport Operator	General
Road Traffic Ordinance	General
Road Traffic Offenders	General
Reach Truck Operator	General
Radio Traffic Only	Governmental
Regional Transport Office	Indian Government
Right Toe Off	Medical
Reverse Take Over	Messaging
Radio Telephone Operator	Military and Defence
Refuse To Obey	Military and Defence
Round-trip Time Out	Networking
Retransmission Time Out	Networking
Recovery Time Objective	Networking
Rent-to-own	Real Estate
Regional Transmission Organizations	Regional
Regional Tax Office	Regional
Regional Travel Options	Regional
Regional Transport Officer	Regional
Regenerative Thermal Oxidizer	Space Science
Responsible Test Organization	Space Science