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June Lizotte pretty much covered what a lease-option is although there may be some cross-over definition of a 'first right of refusal' in her paragraph, but it's largely accurate. As anything is in real estate, it's negotiable. Here is a bullet point list of some hard line rules to consider when negotiating a lease/option: 1. You lease a property at a given rate considered rent, call it $1,000/month for sake of conversation. That lease will likely be a minimum of 1 year. This is a market rent for the property. No portion of the market rent is credited to a to-be-determined purchase price. You ...
In Seattle Opera’s Tristan und Isolde Justin Emerich plays a wooden trumpet loaned to Seattle Opera by the Joe and Joella Utley Brass Instrument Collection at the National Music Museum, The University of South Dakota, Vermillion SD. Rozarii Lynch, photo One of the great things about Seattle Opera’s production of Richard Wagner’s Tristan und Isolde is that you can hear a rare instrument called the Holztrompete (Wooden Trumpet). Wagner specified this instrument to represent the natural pipe of a peasant that he wanted during Act III of this opera. There are not many Holztrompetes in the ... Read More
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