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English: 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.
California State Railroad Museum; California Western Railroad, also called The Skunk Train; Disneyland Railroad (three locomotives are historic) Fillmore and Western Railway - short line used by Hollywood film industry. (Lease agreement ended in 2021) Ghost Town & Calico Railroad in Knott's Berry Farm; Golden Gate Railroad Museum (No excursions ...
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.
The company operated excursion trains as well as hosted trains for film shoots. Fillmore and Western's lease agreement expired after June 30, 2021. [5] The final scheduled excursion trip was on June 26. [6] In 2021, Sierra Northern Railway signed a 30-year lease to operate over the Santa Paula Branch Line. [7] They will also maintain the rail ...
Lease purchase agreement (click to view pages) Rent-to-own, also known as rental purchase or rent-to-buy, is a type of legally documented transaction under which tangible property, such as furniture, consumer electronics, motor vehicles, home appliances, engagement rings, and real property, is leased in exchange for a weekly or monthly payment, with the option to purchase at some point during ...
The narrower term 'tenancy' describes a lease in which the tangible property is land (including at any vertical section such as airspace, storey of building or mine).A premium is an amount paid by the tenant for the lease to be granted or to secure the former tenant's lease, often in order to secure a low rent, in long leases termed a ground rent.
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