Orlando Florida Use and Occupancy Agreement when Seller plans to Remain

State:
Multi-State
City:
Orlando
Control #:
US-C-C-0620-1
Format:
Word; 
Rich Text
Instant download

Description

A use and occupancy agreement - sometimes referred to as a U&O - is a temporary agreement between the buyer and the seller that allows one party the right to use and occupy the property for a set period of time. It's usually put in place if the buyer needs to move into the property before ownership can be transferred, however can be used when a seller is to remain in the property for a specific term at a specific rate.
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The cost of living in Orlando, FL is 2% higher than the state average and same as the national average. Orlando, FL housing is 7% more expensive than the U.S average, while utilities are about 10% less pricey.

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The cost of living in Orlando is lower than the national average. This means that people from all walks of life can afford to live here. The city has a thriving economy, which is great for people looking for job opportunities.

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Orlando Florida Use and Occupancy Agreement when Seller plans to Remain