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Acronyms that contain the term lease purchase contract
What does lease purchase contract mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: lease purchase contract.
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What does lease purchase contract mean?
- Lease purchase contract
- A Lease-Purchase Contract, also known as a Lease Purchase Agreement, is the heart of rent-to-own properties. It combines elements of a traditional rental agreement with an exclusive right of first refusal option for later purchase on the home. It is a shortened name for Lease with Option to Purchase Contract.
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"lease purchase contract." Abbreviations.com. STANDS4 LLC, 2024. Web. 1 May 2024. <https://www.abbreviations.com/lease%20purchase%20contract>.
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