Renting Your Rent to Own?

[Manny Cirino]

I just had a question I was curious about. I hope someone could kill my curiosity. If you buy property as a rent to own do you then have the right to rent it out or resell it? I am aware that it would be rare to find a deal like this with equity. But because home prices are so low there is a big possibility they will gain equity over time. Is this a possibility or does it all depend on how the initial paper work is signed?