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True [87]
2 years ago
5

A young couple is attempting to purchase their first home, but they do not have adequate funds for a down payment at this time.

They should investigate the possibility of a lease-purchase, which would enable them to move in right away, but go to settlement at a later date. The lease-purchase contract should include all of the following EXCEPT
Business
1 answer:
luda_lava [24]2 years ago
5 0

The lease-purchase contract should include all of the following EXCEPT <u>all </u><u>financing terms</u><u> for the </u><u>purchase</u><u>.</u>

<u />

<h3>What is Lease Purchase Contract?</h3>

A Lease-Purchase Contract, also known as a Lease Purchase Agreement. A lease purchase agreement in real estate is a rent-to-own contract between a tenant and a landlord for the former to purchase the property at a later point in time. The renter pays the seller an option fee at an agreed-upon purchase price, giving them exclusive rights to buy the property.

Both parties agree to what the purchase price of the home will be at the end of the lease term. The agreement will likely include a stipulation that a portion of the monthly rent goes toward a down payment. The renter should be confident that they can secure a mortgage at the end of the lease, or else they forfeit the purchase option.

Learn more about Lease Purchase on:

brainly.com/question/27792564

#SPJ4

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Explanation

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7 0
3 years ago
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"A customer owns 1,000 shares of XYZZ stock, purchased at $40 per share. The stock is now at $45, and the customer has become ex
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Sell 1,000 shares of XXYZZ and buy 10 XYZZ put contracts

Explanation:

In the stock markets a bullish trend is when the price of the stock increases, while a bearish market is when the stock price decreases.

In this scenario the customer owns 1,000 shares of stock XYZZ stock that have been in a bullish trend rising from $40 to $45.

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On sale of the 1,000 shares the customer will make $5 per share, and enter a put option since the market is going bearish.

7 0
3 years ago
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8 0
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A turnover ratio of 12 means that they sold everything in the store once per month. Turnover ratio is the percentage of mural fund or portfolio holdings that have been replaced in a given year or 12 months period.

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