A Right-to-Purchase is an option but not an obligation to buy the property. In this case, the Right-to-Purchase provides security to the HomePlan purchaser and protects their equity. All HomePlan options last for seven years but give the HomePlan purchaser a choice to take ownership early if they qualify sooner than expected. By registering the HomePlan agreement against title to the property, a HomePlan purchaser’s rights are protected and secured. The agreement is a registered right that can be sold to someone else. If by the time a HomePlan purchaser is ready to buy, the property is no longer suitable to them, the property can be listed for sale. When the property is sold, the HomePlan purchaser would get the benefit of any net proceeds above the SKYIRE HomePlan price. This re-sale right is one of the big factors that make SKYIRE HomePlan unique, as it provides a great win-win opportunity for HomePlan purchasers to share in mortgage principal pay down and home value appreciation.