In a nutshell, a lease/option is us taking possession of a property by leasing it from you for a pre-determined number of years (usually 3 to 5) with an option to buy at the end of the term.
We retain the right to sub-lease to a new pre-screened tenant/buyer, giving them the right to purchase from us. This method of leasing is known in the industry as a "Sandwich Lease".