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A rental agreement is a contract of rental, usually written, between the owner of a property and a renter who desires to have temporary possession of the property. Learn about the types, terms, and rights of rental agreements for real estate, vehicles, storage, and other purposes.
English: Combines elements of a traditional rental agreement with an exclusive right of first refusal option for later purchase on the home. It is a shortened name for Lease with Option to Purchase Contract.
A lease is a contractual arrangement for the use of an asset, such as property, equipment or intangible property, in exchange for regular payments. Learn about the general terms, conditions and differences of leases, rentals, licenses and tenancies.
Combines elements of a traditional rental agreement with an exclusive right of first refusal option for later purchase on the home. It is a shortened name for Lease with Option to Purchase Contract. The lease purchase agreement expounds upon what responsibilities the tenant/buyer and landlord/seller undertake during the course of the lease.
A standard form contract is a contract where one party sets the terms and the other has little or no negotiation power. Learn about the theoretical issues, potential problems, and legal remedies of standard form contracts, also known as contracts of adhesion.
Learn what a lease-option is, how it differs from a lease-purchase, and what are the basic elements of a lease-option contract. See residential and commercial examples of lease-option agreements and how they can benefit both parties.
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