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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.
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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.
In 2004, the Massachusetts legislature placed a moratorium on state assistance to the funding of public school capital expenditure projects. A prior backlog of more than 800 audits and a failure of the legislature to properly fund the former School Building Assistance Program (SBA) had led to an accumulated a debt of more than $10 billion from the SBA's operations.
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Portable classrooms are colloquially known as bungalows, slum classes, t-shacks, trailers, terrapins, huts, t-buildings, portables, mobiles, or relocatables. In the UK, those built in 1945–1950 were known as HORSA huts after the name of the Government's post-war building programme, "Hutting Operation for the Raising of the School-leaving Age".