Is a 'Wrap' a 'Lease Option

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From: Simon St John


Hi everyone,

Just a quickie - Is a 'Wrap' a 'Lease Option?

Many thanks!

Simon
 
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Reply: 1
From: Michael G


Quickie reply... no

Michael G.

Search the archives many post mucho detail.
 
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Reply: 1.1
From: Simon St John


OK then...just after a quick differential. Thanks for your reply Michael.
 
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Reply: 1.1.1
From: Michael G


Ok,

Lease/Option:

Buyer pays premium for right to buy property. Signs a rental agreement for a set time. Option to buy is valid for term of lease.

Wrap:

Buyer pays a deposit. Takes immediate possession of property. Buyer pays seller agreed purchase price in a series of installments over a term with or without interest.

Michael G

again more info the archieves, no point repeating myself here.
 
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Reply: 2.1
From: Simon St John


Thanks Alan,

I found that yesterday as a result of another post. All part of the journey.

Regards

Simon
 
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Reply: 2.1.1
From: Rick Otton


a wrap is the conclusion of the last scene shoot of a television series or a film
a lease is when you date your mate's girlfriend and an option is when you marry her
Rick otton
 
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Reply: 2.1.1.1
From: Jacque Parker


You make me laugh Rick! Keep up the good humour- it makes my day :eek:)
 
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