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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.
For a $57,600 salary, paying $1,693 in rent would be about 35% of a renter’s monthly income. Households with more severe burdens have less money available to pay for other needs after covering ...
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.
Edward Parker Duplex (c. 1830 – January 5, 1900) [a] was an American entrepreneur, politician, and civil rights activist in California. [ 1 ] [ b ] He was the first African-American mayor in California, [ 2 ] elected to office in Wheatland in 1888, and was a leader in the state's Colored Conventions movement .
A triple net lease (triple-Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three "nets") on the property in addition to any normal fees that are expected under the agreement (rent, utilities, etc.).
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.