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  2. Lease purchase contract - Wikipedia

    en.wikipedia.org/wiki/Lease_purchase_contract

    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.

  3. Rent-to-own - Wikipedia

    en.wikipedia.org/wiki/Rent-to-own

    Lease purchase agreement (click to view pages) Rent-to-own, also known as rental purchase or rent-to-buy, is a type of legally documented transaction under which tangible property, such as furniture, consumer electronics, motor vehicles, home appliances, engagement rings, and real property, is leased in exchange for a weekly or monthly payment, with the option to purchase at some point during ...

  4. Lease-option - Wikipedia

    en.wikipedia.org/wiki/Lease-option

    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 ...

  5. What Are the Pros and Cons of Rent-To-Own Homes? - AOL

    www.aol.com/pros-cons-rent-own-homes-194224366.html

    A rent-to-own contract can be structured in one of two ways: as a lease option or as a lease purchase. A lease option gives you a choice to buy the house at the end of the lease term. A lease ...

  6. Rental agreement - Wikipedia

    en.wikipedia.org/wiki/Rental_agreement

    How much: Rent may be payable monthly, annually, or in advance, or as otherwise agreed. A typical arrangement for tenancy at will is "first and last month's rent" plus a security deposit. The "last month's rent" is rent that has yet to be earned by the landlord. A rental agreement or lease may include a "rent review" clause which makes ...

  7. Drone sightings: A timeline of the reports, arrests and calls ...

    www.aol.com/news/drone-sightings-timeline...

    Drone sightings have been reported across the eastern U.S. in states like New Jersey, New York and Maryland.

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