Common use of No Equitable Ownership Clause in Contracts

No Equitable Ownership. It is understood by and between the parties hereto that no monthly rent payment made under this Agreement shall allow or establish any equitable ownership interest in the Premises by the Tenant.

Appears in 42 contracts

Sources: Rent to Own Agreement, Rent to Own Agreement, Rent to Own Agreement

No Equitable Ownership. It is understood by and between the parties hereto that no monthly rent rental payment made under this Agreement shall allow or establish any equitable ownership interest in the Premises by the Tenant.

Appears in 1 contract

Sources: Commercial Lease With Option to Purchase Agreement