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Rent-to-own
Rent-to-own, also known as rental-purchase, is a type of legally documented transaction under which tangible property, such as furniture, consumer electronics and home appliances, is leased in exchange for a weekly or monthly payment, with the option to purchase at some point during the agreement.
More at Wikipedia
Alternative financial services
Closed-end leasing
More related topics
Hire purchase
Renting
Real estate
Contract law
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