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Term of the Day
lease option
lease fund
lease option/purchase
Definition
A
financing
option
that provides for homebuyers to
lease
a home with an option to
buy
, with part of the
rental
payments
being applied toward the
down payment
.
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Nearby Terms
lease
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lease commenceme...
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lease fund
lease option
lease option/pur...
lease purchase
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lease term
leaseback
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Mentioned in these terms
lease option/purchase
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