The Option to Purchase. An option to purchase grants the tenant an option (right) to buy the rental property within a specified period of time in exchange for a fee (option fee), that is usually paid up front, and/or in the form of a higher-than-market rent (some of which is applied to the house purchase).
Most of the cotton grown around the world before 1793, when Eli Whitney's simple yet effective cotton gin became widely available, was long-staple cotton (Gossypium barbadense), which grows best along tropical or subtropical coastlines.ost of the cotton grown around the world before 1793, when Eli Whitney's simple yet effective cotton gin became widely available, was long-staple cotton (Gossypium barbadense), which grows best along tropical or subtropical coastlines.
The modern mechanical cotton gin was invented in the United States of America in 1793 by Eli Whitney (1765â1825). Whitney applied for a patent on October 28, 1793; the patent was granted on March 14, 1794, but was not validated until 1807.Whitney's patent was assigned patent number 72X.lthough simple handheld roller gins have been used in India and other countries since at least 500 AD, the first modern mechanical cotton gin was created by U.S.American inventor Eli Whitney in 1793 and patented in 1794.