0
If you volunteer a reposession on a lease car and the car is not operable what happens?
Wiki User
∙ 13y ago
They repossess it anyway and you could be responsible for the repair cost, depending on the lease contract.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Do you have to pay the balance on a lease if you volunteer to surrender the car?
Yes
What if your husband files bankruptcy and you have a leased car?
If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have to If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave to If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave to give If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave to give the If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave to give the car
What happens to cell phone tower lease when land is sold?
It depends on the terms of the lease. The lease may terminate or the lease may "run with the land."
What happens if you lease a car and then move to another state?
Nothing changes as far as your lease goes.
What happens if you default on a vehicle lease agreement?
What typically happens is that the party financing the lease will repossess the vehicle. The vehicle will typically be sold and the party financing the lease will attempt to collect the balance remaining under the lease either through a collection agency or through formal legal action.
What happens when lease cannot be paid back?
The vehicle will be repossessed and the leasor will be held responsible for the unpaid balance of the lease.
What happens if one person moves out that signed a lease agreement?
They have violated the lease contract and can be held liable for damages.
When real estate under an estate for years is sold what happens to the lease?
lease is subject to termination with proper notice
What happens when you total a lease car?
When a lease car is totaled, the car company will require the car lessee to pay the lease balance to get out of the contract. This is applicable for a wrecked car and non-reparable vehicle.
What happens when one of the two people who are on the lease is behind on their half of the rent?
Basically every lease has one lease holder. Anyone else on the lease is usually someone who was being allowed to live in the apartment. The main lease holder is the one who was responsible for the rent. So if anyone else moves out, the full amount of the rent is expected from lease holder.
What happens at the end of a solar lease?
At the end of a solar lease, typically after 20-25 years, the homeowner can choose to renew the lease, purchase the solar panels at market value, have the solar company remove the panels, or potentially extend the lease on a month-to-month basis.
Is their any penalty for a repo lease?
I would imagine there is. Lease is somewhat like a loan and I am sure there is a clause in there for repo, you are still the signer and anything that happens will fall on you to pay.
