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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.
A lease buyout title transfer is a procedure you need to complete to own your leased vehicle. Learn more about the process to ensure everything goes smoothly.
Want to own your leased vehicle? Buy it. Figure out a lease buyout for your vehicle and calculate your payoff amount in four easy steps with this handy guide.
Use a Ford lease buyout to keep your Ford vehicle instead of returning it at the end of the lease agreement. Learn how the Ford lease buyout process works.
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 ...
There are two types of buyouts: an end-of-lease buyout and an early lease buyout. As you might guess from the name, an end-of-lease buyout happens when your lease expires.
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