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Mortgage Professor about Lease Agreement: | |||||||||||||||||||||||
The Hazards of Co-Signing
April 8, 2004 "I co-signed a loan for my brother-in-law who has since left my sister and has stopped paying the note?The lender is now after me to pay. How can I get out of this?" "In a week moment I agreed to help a friend get a mortgage by co-signing his ... more... Lease-to-Own House Purchases 20 September 2004, 3 October 2005 Postscript What Is a Lease-to-Own Purchase? A lease-to-own house purchase (also "rent-to-own purchase" or "lease purchase") is a lease combined with an option to purchase the property within a specified period, usually 3 ... more... |
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Lease Agreement related definitions |
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Lease With Option To Purchase
Lease With Option To Purchase A lease under which the lessee has the right to purchase the property. A Lease Purchase Agreement is usually two separate agreements between the parties: a Lease Agreement and a Purchase Agreement. The Lease Purchase shows a definite tenant's ... more... Agreement of Sale Agreement of Sale A written signed agreement between the seller and the purchaser in which the purchaser agrees to buy certain real estate and the seller agrees to sell upon terms of the agreement. Also known as contract of purchase, ... more... |
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More about Lease Agreement Should You Use a Lease/Purchase (Rent to Own) Approach to Sell or Rent Your Home? Ready to Sign that Lease Agreement? Sellers, Are You Having A Hard Time Selling Your Home? The Many Benefits Of Lease Purchasing Think You Cant Afford Your Own Home, Think Again! Lease Options or Rent to Own? Should You Allow Buyer To Rent During Closing? Dodging Leasing's Grim Reaper: Navigating a Payment Default How To Create A Business Note That Is More Attractive To A Note Investor Landlording And Other Aggravations
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