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Sample Lease Purchase Agreement- Ownership Of The Property Is Transferred To The Lessee By The End Of The Lease Term, It Contains A Bargain Purchase Option, Lease Term Is Equal To 75% Or More Of The Economic Life Of The Leased Asset, And The Present Value Of The Minimum Lease Payments.
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Ownership of the property is transferred to the lessee by the end of the lease term, it contains a bargain purchase option, lease term is equal to 75% or more of the economic life of the leased asset, and the present value of the minimum lease payments.
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