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The World Law Dictionary Project

English may be the common language of the world, but the Common Law is not the common law of the world

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e.g. principle, consideration, jurisdiction
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lease option noun


a contract that gives a renter the choice to purchase the rented property during or at the end of the rental period
The appealed judgment held that there was a validly exercised option and ordered the the company to transfer the property as required by the lease option agreement.

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jurisdiction consideration principal

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