You will need a long term lease that lasts about 5 yeras with a rent to own home.
If they have a lease agreement, if they allow pets, if there is a deposit required and is there a credit check?
Is called a lease.
A lease
Generally yes. That would generally create a tenant-landlord relationship. There may be no cut and dried answer to this question. Apparently there are other issues in the relationship, such as a lease/ rental agreement, or possibly some kind of co-habitation arrangement or you may be renting a room in a larger apartment or home. Classically, what you describe does make the payer a tenant and the payee the landlord, especially if the landlord owns the property. Otherwise, the relationship could be a sub-lease arrangement.
There are a lot of kind of collateral which is required by people who are applying for debt consolidation home equity loans. However, in most cases, one is required to get approved on the action.
Operating lease is that kind of lease which is not done for entire useful life of assets and only lease rental are paid and expensed through income statement.
The full answer to this question would depend on what kind of small at home business you are wanting to open. Generally you would need to get the business permits required from your local authorities. As these differ from location to location, I am unable to give any more details without knowing where you are located.
It's easier to find a standard lease on the internet, the term lawyers use is 'boilerplate' That means something standard which covers basic needs. It's quite easy to find lease agreements which will cover your needs and protect you without having to worry about all the details yourself. You simply google lease agreement or boilerplate lease agreement. Some websites offer these for sale, but you can also find free examples.
You can always cancel any kind of lease agreement but there may be costs associated with cancellation of the contract. I would advise you to read your lease terms to see what the cancellation policy is and the terms of the policy if you have not already read them.
Lease expiration creates a three way avenue for landlords. They may either chose to quit the lease (though, this avenue would legally have to be brought to the attention of the leaseholder at the commencement of the lease agreement, as reasonable notice on a one year lease, is one year.), renew the lease agreement for another period of time, or continue the terms of the original lease on a sufferance basis (meaning a time to time situation, or more commonly known as the month to month agreement).If a landlord should elect to continue the terms of your original lease on a sufferance, or month to month, basis - he or she would be required to give you one months advanced notice that they wish to quit the tenancy at sufferance.
DHCPRELEASE
It all depends on what kind of notice your are referring to. In most cases it probably involves eviction. In this case always refer to the lease. It will specify the conditions for the notice. If the lease is not clear or poorly written in this area then follow the letter of the law in the state the notice is to be given regarding evictions and seek legal council.