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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 option (more formally Lease With the Option to Purchase) is a type of contract used in both residential and commercial real estate.In a lease-option, a property owner and tenant agree that, at the end of a specified rental period for a given property, the renter has the option of purchasing the property.
A novated lease is a motor vehicle lease which has been novated, that is, the obligations in the contract have been transferred from one party to another.. A lease is novated with a three way agreement (Deed of novation) between the lessee, the lessor (usually a finance company), and a third party, under which all parties agree that the third party will take on some or all of the lessee's ...
Brooklyn is a borough of New York City located at the westernmost end of Long Island in the State of New York.Formerly an independent city, the borough is coextensive with Kings County, one of twelve original counties established under British rule in 1683 in the then Province of New York.
Maharishi Mahesh Yogi (born Mahesh Prasad Varma, 12 January 191? [Note 1] – 5 February 2008) was the creator of Transcendental Meditation (TM) and leader of the worldwide organization that has been characterized in multiple ways, including as a new religious movement and as non-religious.