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One of the founders, and the owner of the land, was Henry Curtner, a local landowner and merchant. In August 1883, under a lease agreement with Curtner, the college opened as an institution of higher education under the auspices of the Disciples of Christ, with J. Durham, Mr. Pollard, and J. H. McCollough as early leaders. [2]
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.
The narrower term 'tenancy' describes a lease in which the tangible property is land (including at any vertical section such as airspace, storey of building or mine).A premium is an amount paid by the tenant for the lease to be granted or to secure the former tenant's lease, often in order to secure a low rent, in long leases termed a ground rent.
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 ...
The contract was renewed in favor of Baja California Railroad, Inc. by the government of Baja California. In December 2012, SD&AE, owner of the line, entered into a 50-year operating lease with the Pacific Imperial Railroad company for freight trains. The lease requires that certain operating goals and repairs be completed in a specific time frame.
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