Ads
related to: free lease purchase agreement templateLawDepot.com has been visited by 100K+ users in the past month
- Home Purchase Agreement
Includes Details about Property,
Financing Terms, & More.
- House Purchase Agreement
Online Forms Developed by Lawyers.
Easy Step-by-Step Instructions.
- Real Estate Sale Contract
Fill-in-the-Blanks to Personalize
Your Contract in Minutes.
- Home Sale Contract
Simple Step-by-Step Process. Create
on Any Device.
- Home Purchase Agreement
eforms.com has been visited by 10K+ users in the past month
Search results
Results from the WOW.Com Content Network
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.
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.
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 ...
Merger and acquisition agreements, [1] joint venture agreements, real property lease agreements and several other categories of agreements often make use of a letter of intent. The capitalized form Letter of Intent may be used in legal writing, but only when referring to a specific document under discussion.
The successful sale of another house may be needed to finance the purchase of a new one. Appraisal contingency – Purchase of the real estate is contingent upon the contract price being at or below a fair market value determined by an appraisal. Lenders will often not lend more than a certain percentage (fraction) of the appraised value, so ...
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 ...
Ads
related to: free lease purchase agreement templateLawDepot.com has been visited by 100K+ users in the past month
eforms.com has been visited by 10K+ users in the past month