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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.
A real estate contract typically does not convey or transfer ownership of real estate by itself. A different document called a deed is used to convey real estate. In a real estate contract, the type of deed to be used to convey the real estate may be specified, such as a warranty deed or a quitclaim deed. If a deed type is not specifically ...
A leasehold estate is a temporary right to hold land or property, usually for a fixed period of time and with a landlord or lessor. Learn about the history, types, and terminology of leasehold estates in different countries and legal systems.
A multiple listing service (MLS) is an organization that real estate brokers use to share information and compensation for properties. Learn about the origin, purpose, benefits, limitations and criticisms of MLS systems in different countries and regions.
A Lease-Purchase Contract, also known as a lease purchase agreement or rent-to-own agreement, allows consumers to obtain durable goods [1] or rent-to-own real estate [2] without entering into a standard credit contract. [1] It is a shortened name for a lease with option to purchase contract.
Single-room occupancy (SRO) is a type of low-cost housing where tenants rent small, furnished rooms with shared facilities. SROs are common in large cities, especially in North America, and have a history of being targeted by urban reformers and gentrification.
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