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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-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 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 ...
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.
Labels typically own the copyright in the records their artists make, and also the master copies of those records. An exception is when a label makes a distribution deal with an artist; in this case, the artist, their manager, or another party may own the copyright (and masters), while the record is licensed exclusively to the label for a set period of time.
A photo album. A photographic album or photo album, is a series of photographic prints collected by an individual person or family in the form of a book. [1] [2] [3] Some book-form photo albums have compartments which the photos may be slipped into; other albums have heavy paper with an abrasive surface covered with clear plastic sheets, on which surface photos can be put. [4]
The standard infobox for album articles is the {{Infobox album}} template. The box to the right is an example. The box to the right is an example. You can look at the wikitext of this documentation page and copy-and-paste the markup to an article, replacing the information within the copy with info on the album you choose to write about.
The LP (from long playing [2] or long play) is an analog sound storage medium, specifically a phonograph record format characterized by: a speed of 33 + 1 ⁄ 3 rpm; a 12- or 10-inch (30- or 25-cm) diameter; use of the "microgroove" groove specification; and a vinyl (a copolymer of vinyl chloride acetate) composition disk.
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