An explanation of the pros and cons of renting versus owning

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Reference no: EM131588198

Discuss renting. Include in your answer:

An explanation of the pros and cons of renting versus owning.

A definition of the following terms found in a lease: 1) quiet enjoyment, 2) renewal option, 3) subleasing, and 4) security deposit.

An explanation of the following: 1) a lease with an option to buy, 2) a lease with the right of first refusal, and 3) the proper way to terminate a lease.

An explanation of how rent control laws and condominium conversion laws protect tenants.

Reference no: EM131588198

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