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  2. Lease purchase contract - Wikipedia

    en.wikipedia.org/wiki/Lease_purchase_contract

    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.

  3. Rent-to-own - Wikipedia

    en.wikipedia.org/wiki/Rent-to-own

    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 ...

  4. What Are the Pros and Cons of Rent-To-Own Homes? - AOL

    www.aol.com/finance/pros-cons-rent-own-homes...

    A lease option, also called a lease with an option to buy, consists of a lease agreement and an option agreement that gives you the right to buy the home at the end of the lease term. Here’s how ...

  5. Lease - Wikipedia

    en.wikipedia.org/wiki/Lease

    A lease is a contractual arrangement calling for the user (referred to as the lessee) to pay the owner (referred to as the lessor) for the use of an asset. [ 1] Property, buildings and vehicles are common assets that are leased. Industrial or business equipment are also leased. In essence, a lease agreement is a contract between two parties ...

  6. How Does Rent-to-Own Work? - AOL

    www.aol.com/news/does-rent-own-180543047.html

    Rent-to-own homes can offer an alternative path to home ownership for people who can't qualify for a mortgage or lack a down payment. It can look like a standard lease combined with the right to ...

  7. What To Know About Buying Out a Car Lease - AOL

    www.aol.com/know-buying-car-lease-131400860.html

    Here's a step-by-step guide to buying out your lease: 1. Tell your leasing company you want to buy the car. Inform your leasing company or dealership that you're ready to buy out your lease. Make ...

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