I have a lease contract for a home site in a manufactured home park. The park owner has agreed to a 5% limit on increases, yet he is compounding the increase each year. The contract does not mention the compounding. Is this lega?
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I have a lease contract for a home site in a manufactured home park. The park owner has agreed to a 5% limit on increases, yet he is compounding the increase each year. The contract does not mention the compounding. Is this lega?
Is this a lease purchase, or a contact for purchase, or a loan, please be specific.
How long is the lease for ? If the lease ends each year, you have to do a new lease each year.
Please explain in a lot more detail
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