Ads
related to: lease purchase agreement examplerocketlawyer.com has been visited by 100K+ users in the past month
- Sublease Agreement
Iron Out Your Sublease Agreement
w/Our Consent to Sublease Form!
- Business Formations
Protect Your Assets.
Make Your New Venture Official.
- Save With Rocket Legal+
One Membership For Everything Legal
The Membership That Pays For Itself
- Ask A Lawyer
Get Legal Advice in Minutes. Real
Lawyers. Real Answers. Right Now.
- Sublease Agreement
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.
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 ...
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.
Examples of a lease for intangible property include use of a computer program (similar to a license, but with different provisions), or use of a radio frequency (such as a contract with a cell-phone provider). A periodic lease agreement (most often a month-to-month lease) internationally and in some regions of the United States. [5]
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 ...
A car lease buyout lets you purchase the vehicle instead of returning it at the end of the lease agreement. Consider opting for the typical lease-end buyout or an early lease buyout that allows ...
Ads
related to: lease purchase agreement examplerocketlawyer.com has been visited by 100K+ users in the past month