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In order to rent or lease in many apartment buildings, a renter (also referred to as a “lessee") is often required to provide proof of renters insurance before signing the rental agreement. There is a special type of the homeowners insurance in the United States specifically for renters — HO-4.
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 use of a Good Guy Clause allows a renter to be released from liability of the lease if a rental is terminated early, giving tenants less apprehension regarding signing a time bound lease, and satisfying the landlord's worries about reclaiming their space "in the same condition in which they would have been had the lease expired in ...
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 ...
Initially intended as a night school, Georgia State University was established in 1913 as the Georgia School of Technology's Evening School of Commerce. [23] A reorganization of the University System of Georgia in the 1930s led to the school becoming the Atlanta Extension Center of the University System of Georgia and allowed night students to earn degrees from several colleges in the ...
The Georgia State University College of Law building located at 85 Park Place in downtown Atlanta. In addition to the Juris Doctor degree, the college offers joint degree programs with other colleges at Georgia State University and the Georgia Tech School of City and Regional Planning. The college offers a full-time and a part-time program.
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