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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.
Note: The template may not calculate the age correctly if a full date (month, day, year) is not provided. For example, a person who was born in 1941 could be either 83 or 84, depending on whether they have reached their birthday in the current year: {{Birth-date and age|1941}} → 1941 () (age 84)
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.
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Template:Birth date will return a person's date of birth. Using this template rather than simply inserting the date into articles allows for the inclusion of hidden metadata about the date. This metadata can be used by web browsers and other software tools to extract the details, and display them using some other website or mapping tool, index ...
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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