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As a minimum, the agreement identifies the parties, the property, the term of the rental, and the amount of rent for the term. The owner of the property may be referred to as the lessor and the renter as the lessee. There is typically an implied, explicit, or written rental agreement or contract involved to specify the terms of the rental ...
Bed bug infestations spread easily in connecting units and have negative effects on psychological well-being and housing markets. In response, many areas have specific laws about responsibilities upon discovering a bed bug infestation, particularly in hotels and multi-family housing units, because an unprofessional level of response can have the effect of prolonging the invisible part of the ...
Bed bugs are reddish-brown to brown, flat, oval-shaped insects that are normally 5 millimeters long when fully grown, according to Ohio State University's College of Food, Agricultural, and ...
Bed bugs are nocturnal bloodsuckers who prefer to feed on humans. N.C.-based A-1 Pest Control offers some parameters for identifying bed bugs: They are no bigger than the size of an apple seed and ...
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.
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The option gives the tenant the right (but not the obligation) to purchase the property at a later date. The lease option only binds the seller to sell, it does not bind the buyer to buy. That makes it a "unilateral" or one-way agreement. In contrast, a lease-purchase is a bilateral, or two-way, agreement. The basic elements of a lease-option ...
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