LEASE WITH OPTION TO PURCHASE
\lˈiːs wɪð ˈɒpʃən tuː pˈɜːt͡ʃɪs], \lˈiːs wɪð ˈɒpʃən tuː pˈɜːtʃɪs], \l_ˈiː_s w_ɪ_ð ˈɒ_p_ʃ_ə_n t_uː p_ˈɜː_tʃ_ɪ_s]\
Definitions of LEASE WITH OPTION TO PURCHASE
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- Tilings capable of being inherited, be it corporeal or incorporeal,real, personal, mixed, and including not only lands everything thereon, but alsolieir-looms, certain furniture which, by custom, may descend to the heir togetherwith (he land. Co. Litt. 5b; 2 Bl. Comm. 17; Nell is v. Munson, 108 N. Y. 453, 15 E.730; Owens Lewis, 40 Ind. 508, Am. Rep. 205; Whitlock Greacen. 4S J. Eq.350. 21 Atl. 944; Mitchell Warner, 5 Conn. 407; New York Mabie, 13 150, 04Am. Dec. 53S. Estates. Anything capable of being inherited, be it corporeal or incorporeal, real, personal, mixed and including not only lands everything thereon, but also heir looms, certain furniture which, by custom, may descend to the heir, together with land. Co. Litt. 5 b; 1 Tho. 219; 2 Bl. Com. 17. this term such things are denoted, as subject-matter inheritance, inheritance itself; cannot therefore, its own intrinsic force, enlarge an estate, prima facie a life into fee. B. & P. 251; 8 T. R. 503; 219, note Hereditaments are divided into corporeal and incorporeal. confined to lands. (q. v.) Vide Incorporeal hereditaments, Shep. To. 91; Cruise's Dig. tit. 1, s. 1; Wood's Inst.221; 3 Kent, Com. 321; Dane's Ab. Index, h.t.; 1 Chit. Pr. 203-229; 2 Bouv. Inst. n. 1595, et seq.