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Does the owner of a property need to be involved in the contract between the sub leaser and the sub leasee?
Wiki User
∙ 14y ago
Read original lease between owner and renter. Most leases have a clause pertaining to subletting. Most landlords like to know who is residing in their property and do not wish to get involved with third party agreements without written consent.
Wiki User
∙ 14y ago
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Which term describes the person who pays money for the privilege of using someone else vehicle or property for a set period of time?
leasee
What term describes the person who pays money for the privilege of using someone else vehicle ot property for a set oeriod of time?
Leasee
What do you call a person renting a building?
Leasee
What is the difference between primary and secondary lease?
I would think primary is the leasee and the secondary is a sub lease from the leasee.Not always agreed on by the leasor.
Can you lease a car under your parents name but have it insured on your own insurance in NYS?
No. The insurance must be in the name of the owner or leasee of the vehicle. Be careful and do not lie on either the lease contract or the insurance application. Both of these are legal contracts.
What is the correct spelling co-lessee or co-leasee?
co-lessee
What if the leasee of a leased vehicle dies?
The answer depends on how the lease is written. If the lease payments stop then the company can choose to repossess the vehicle. If the family of the deceased and the company can reach an agreement then the family could take over the lease if all parties agree. as a death is involved an attorney may need to be involved.
Can a leesee find someone else to take over their lease without the persmission of the other listed on the lease?
You should check your lease aggreement to see if this is stated in the contract about sub-leasing, or if your lease aggreement is fixed, if not you can . o contract for the sub-lease needs to be written up and signed by the new addition, And to make sure you are comfortable with a deposit from them, because you will be responsible for all damages that occur, or if the new leasee moves and leaves you rresponsible for every content of the oringinal lease contract
Can a leased car be used as collateral?
Not really. There is no residual value assigned to the leasee, so there is nothing to foreclose on. At the end of the lease you have nothing.
What are the benefits of having a lend lease?
"Leasing land instead of buying can have several benefits for business owners. It can take less capital investment to lease than buy. Leasing also gives the leasee more flexibility, in that if the business location is not a good fit, the leasee can choose not to re-sign the lease and move to a different location."
Who is responsible for breakdowns on a leased vehicle?
The leasee is responsible, unless the vehicle is still under warranty and the problem is covered under said warranty
How do you register a leased car in NJ?
Even leased cars must be registered to the leasee. You must go to your local department of motor vehicles to have your vehicle registered.
