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How much: Rent may be payable monthly, annually, or in advance, or as otherwise agreed. A typical arrangement for tenancy at will is "first and last month's rent" plus a security deposit. The "last month's rent" is rent that has yet to be earned by the landlord. A rental agreement or lease may include a "rent review" clause which makes ...
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A rental agreement may provide for the renter or lessee to become the owner of the asset at the end of the rental period, usually at the renter's option on payment of a nominal fee. Such arrangements may be known as Rent-to-own, a term used in the United States for rental of furniture or appliances. The term is also used in the US for real ...
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The razing of buildings for the construction of the complex began in 1950, and the buildings were completed on April 1, 1953. [3] [7]The key sponsor of the development was State assemblyman John J. Lamula and it was named after four-time New York Governor Al Smith (1873–1944), the first Catholic to win a Presidential nomination by a major political party and a social reformer who made ...