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Landlord–tenant law generally recognizes differences between residential and commercial leases on the assumption that residential leases present much more of a risk of unequal bargaining power than commercial leases. [8] Residential leases are contracts that are designed for individuals or groups to live, or reside, in the leased space. Most ...
A rental agreement is a contract of rental, usually written, between the owner of a property and a renter who desires to have temporary possession of the property; ...
Georgia's Rental Assistance Program hit record numbers this week, helping to keep more than 35,000 tenants in their homes. The Georgia Department of Community Affairs administers the GRA program. ...
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. The lease purchase agreement expounds upon what responsibilities the tenant/buyer and landlord/seller undertake during the course of the lease.
The family had to leave the property, abandoning some of Smith's children's belongings. Unable to recoup the money they’d paid, the family is now left trying to cobble together enough money to ...
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.
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