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Searching for an apartment—even a small apartment, such as a studio or one-bedroom unit—is no easy feat. From the location to the price, renting versus buying, there’s much to consider. The ...
Single-room occupancy (SRO) is a type of low-cost housing typically aimed at residents with low or minimal incomes, or single adults who like a minimalist lifestyle, who rent small, furnished single rooms with a bed, chair, and sometimes a small desk. [1]
Earlier this summer, we asked whether America was becoming a nation of renters. Statistics would seem to bear that out: Construction of single-family homes grew by 9.4 percent in June, the Wall ...
“For example, if you sold a large family home before moving, consider renting an apartment or condo instead upon your return,” she added. “You may also find it makes sense to move to a more ...
Gary Chang, an architect in Hong Kong, has designed a large 32-square-metre (344 sq ft) microapartment with sliding walls attached to tracks on the ceiling.By moving the walls around, and using built-in folding furniture and worktops, he can convert the space into 24 different rooms, including a kitchen, library, laundry room, dining room, bar and video-game room.
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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