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Lease purchase contract. 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.
She ultimately offered the standard 3% commission to the agent representing her home’s buyer, a move McMahan said she felt was necessary to entice agents to bring buyers around. “I knew the ...
The American Measurement Standard. ISBN 978-0-578-00244-6. Size Matters-Residential Square Footage. ISBN 978-1500866075 and; How to Measure a House. ISBN 978-1456491987. Realtor Magazine. "In Search of A Standard." September 2008. Approved for use by the Mississippi Appraisal Board. January 2019.
A hire purchase (HP), [1] also known as an installment plan, is an arrangement whereby a customer agrees to a contract to acquire an asset by paying an initial installment (e.g., 40% of the total) and repaying the balance of the price of the asset plus interest over a period of time. Other analogous practices are described as closed-end leasing ...
A reverse mortgage is a type of loan that allows homeowners ages 62 and older to borrow against their home equity, using their home as collateral. The loan amount you’re approved for is based on ...
Uniform Premarital Agreement Act. The Uniform Premarital Agreement Act (UPAA) is a Uniform Act governing prenuptial agreements, which are also properly referred to as "premarital agreements" and "antenuptial agreements". [1] It was drafted by the National Conference of Commissioners on Uniform State Laws in 1983 to promote more uniformity and ...
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