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The company's original focus was offering customers furniture and appliances through a lease-to-own model. [5] In 2003, it renamed itself easyhome, as an attempt to create a nationwide brand, and subsequently went on to become Canada's largest lease-to-own company with stores across Canada. [6] In 2008, easyhome acquired Insta-Rent for $10 ...
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 ...
Rent-A-Center is an American public furniture and electronics rent-to-own company based in Plano, Texas. [3] The company was incorporated in 1986 and as of 2014 operates approximately 2,972 company-owned stores in the United States, Puerto Rico and Mexico, accounting for approximately 35% of the rent-to-own market in the United States based on store count.
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Once they have access, they list the property for rent. Because they have the door code, scammers can even offer potential renters access to the home. Then, they create a fake lease, collect a ...
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.