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Confused about Lease Purchase Option

We are considering this an option for our home, however, after all the research on the internet (yes, It's Sunday and yes, we plan on consulting a real estate Atty), I still don't get how we get our equity out of our home.  I get the downpayment or option payment.  But the amount above the rent amount, does that go towards our equity?  Secondly, does anyone know of a good screening/background check website?  Thanks.
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You get the equity out of the home when they exercise the purchase option.
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