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What else can I help you with?
What is a contract to use something for a specified period of time?
A Lease
What is the earliest possible time that I can turn in a lease without incurring any penalties?
The earliest possible time to turn in a lease without penalties is typically at the end of the lease term specified in the agreement.
Explain lease pull ahead?
When an automaker offers a "lease pull-ahead", it is usually an offer by the car company to pay for a specified number of remaining months of a customer's lease, if that customer comes back and buys or leases another of the company's vehicles at that time. This often makes sense for people that have the specified remaining months, or less, remaining on their lease and they want to get into a new car more quickly (such as if they are getting close to the maximum allowed mileage on the lease and therefore do not want to pay penalty fees for the overage). -Mark When an automaker offers a "lease pull-ahead", it is usually an offer by the car company to pay for a specified number of remaining months of a customer's lease, if that customer comes back and buys or leases another of the company's vehicles at that time. This often makes sense for people that have the specified remaining months, or less, remaining on their lease and they want to get into a new car more quickly (such as if they are getting close to the maximum allowed mileage on the lease and therefore do not want to pay penalty fees for the overage). -Mark
What are the differences between finance lease and operating lease?
Operating Lease is a lease other than finance lease. A leasing transaction wherein the lessor takes the asset risk and the credit risk. Finance Lease is a transaction whereby the owner (lessor) grants to another party (lessee) the rights of use to property for a fee over a specified period of time.
How was measurement done in olden time?
In olden times, measurement was done using the body parts.
Is a lease void if the tenant signs it a month before filing a bankruptcy petition the petition is filed 4 days before the occupancy specified in the lease and this was never disclosed to landlord?
The leae is entirely effective and subject to the BK. The terms of the lease make it so the property is provided at a later time, but the lease, as a contract and promse to furnish and a promise to pay for that property is in effect.
What is the difference between a sales-type lease and a direct financing lease?
Direct Lease A leasing package wherein the lessor buys a specified equipment from the supplier and leases the same to the lessee. Sale and Leaseback A leasing package wherein the lessee sells presently-owned equipment to the lessor to convert fixed asset into cash with the lessor allowing the lessee to retain the full use of the property for a fee over a specified period of time.
What is a leasing company?
Finance Lease is a transaction whereby the owner (lessor) grants to another party (lessee) the rights of use to property for a fee over a specified period of time.
Can you explain how leases work in detail?
A lease is a legal agreement between a landlord and a tenant that allows the tenant to occupy a property for a specified period of time in exchange for rent payments. The lease outlines the terms and conditions of the rental, including the duration of the lease, the amount of rent, and any rules or restrictions. Both parties must adhere to the terms of the lease, and failure to do so can result in legal consequences. At the end of the lease term, the tenant may have the option to renew the lease or move out.
What is a freehold townhouse?
A freehold Townhouse is one in which you own the townhouse rather than lease it for a specified time. It can be passed on to future generations rather than reverting to the leaser upon your passing.
What is the meaning of a leasing company?
Finance Lease is a transaction whereby the owner (lessor) grants to another party (lessee) the rights of use to property for a fee over a specified period of time.
How are time share undivided interest held?
They are held as a full interest for a specified period of time. For the times you use it, the interest is undivided.
