Because Breaking Home Lease Purchase

Lease purchase contract - A lease purchase contract (also known as Lease/Option or Lease Options) is a legal document that combines a basic lease contract with an option-to-purchase contract. The tenant/buyer pays to the landlord/seller a non-refundable option deposit that is applied to the purchase price of the home.

Leveraged lease - A lease in which the lessor puts up some of the money required to purchase the asset and borrows the rest from a lender. The lender is given a mortgage on the asset and an assignment of the lease and lease payments.

Federal Home Loan Mortgage Corporation - The Federal Home Loan Mortgage Corporation ("Freddie Mac") is a stockholder-owned, publicly-traded company chartered by the United States federal government in 1970 to purchase mortgages and related securities, and then issue securities and bonds in financial markets backed by those mortgages in secondary markets. Freddie Mac, like its competitor Fannie Mae is regulated by the Office of Federal Housing Enterprise Oversight (OFHEO) in the United States Department of Housing and Urban Development.

Tax-free shopping - Tax-free shopping refers to a type of marketing promotion wherein customers with access from a sales taxed jurisdiction are enticed to make "tax free" purchases, notwithstanding the legal requirement to pay the equivalent (compensatory) use tax when they return home. For example, merchants "in tax-free New Hampshire" regularly attempt to entice residents of adjacent Massachusetts, Vermont and Maine to come purchase goods, but fail to point out that there is no exemption from the "sales and use" taxes when the goods are taken back home.

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