Examlex
Which of the following statements is correct?
Long-Term Leases
Lease agreements that extend for a substantial period of time, often more than one year, used frequently in real estate and equipment leasing.
Residential Property
Real estate designated for occupation by households or for non-commercial purposes.
Extensions
Additions or expansions to a pre-existing document, contract, or period of time.
Local Housing Codes
Rules and regulations established by municipal governments aimed at ensuring safe and habitable housing conditions.
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