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  2. Lansing Manufacturers Railroad - Wikipedia

    en.wikipedia.org/wiki/Lansing_Manufacturers_Railroad

    The agreement called for annual lease payments of $7,500 plus $50 for expenses, and for the lessors to pay the interest on the LMR's $75,000 bonded debt. The Michigan Central was to operate the line and divide earnings and expenses evenly with the Lake Shore. [6] At that time, the LMR's 7.96-mile (12.81 km) route encircled the city. [7]

  3. Lawrence D. Crawford - Wikipedia

    en.wikipedia.org/wiki/Lawrence_D._Crawford

    In 1986, the city signed a lease agreement to operate the Downtown Shopping Mall and convert it into a conference and visitor's center; the investment was unsuccessful and cost the city $3 million. [6] He was succeeded by Delbert J. Schrems who was named by the City Council after winning election with the campaign slogan "Balance the Power". [3]

  4. Real estate contract - Wikipedia

    en.wikipedia.org/wiki/Real_estate_contract

    As may be the case with other contracts, real estate contracts may be formed by one party making an offer and another party accepting the offer. To be enforceable, the offers and acceptances must be in writing (Statute of Frauds, Common Law)and signed by the parties agreeing to the contract.

  5. 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.

  6. Rental agreement - Wikipedia

    en.wikipedia.org/wiki/Rental_agreement

    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.

  7. 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 ...

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