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The rent houses or lease (for hire-purchase) is a contract whereby the lessor conveys the right to use a good return for the payment of rents for a specified period after which the lessee has the option to purchase the leased property by paying a certain price, return or renew the contract.
In fact, the modern houses rent , once the term of the lease, the lessee has the right to acquire the asset at a specified price, called the residual, since its calculation is given by the difference between original price paid by the landlord (plus interest and expenses) and amounts paid by the tenant to the landlord.
If the tenant does not exercise the option to acquire the property should return it to the landlord, unless the contract is extended.
The rent houses or lease (for hire-purchase) is a contract whereby the lessor conveys the right to use a good return for the payment of rents for a specified period after which the lessee has the option to purchase the leased property by paying a certain price, return or renew the contract.
In fact, the modern houses rent , once the term of the lease, the lessee has the right to acquire the asset at a specified price, called the residual, since its calculation is given by the difference between original price paid by the landlord (plus interest and expenses) and amounts paid by the tenant to the landlord.
If the tenant does not exercise the option to acquire the property should return it to the landlord, unless the contract is extended.
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