Contracts
A Nebraska lease-purchase agreement differs from a standard lease-option in that:
AOnly the tenant benefits
BThe tenant is OBLIGATED to purchase, not just given an option✓ Correct
CThe price is not fixed at signing
DIt requires NREC approval
Explanation
A lease-purchase agreement obligates the tenant to purchase the property at the end of the lease term. A lease-option gives the tenant the RIGHT but not the obligation to purchase. Both require careful review for buyer protection.
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