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CLOSING AND SETTLEMENT: If the Buyer chooses to exercise his/her option to purchase, the Seller shall transfer the title free of any liens, judgment or any other encumbrances within days from the exercise date.. REMEDIES UPON DEFAULT: If the Buyer defaults on the terms and conditions of this rent to own contract or the lease agreement, the Seller shall have the right to terminate this rent to own rent to own agreement by giving written notice of termination..
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