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Difference between operating lease and finance leasing?
An operating lease does not transfer the risks and rewards to you (lessee) at the end of the lease period where a finance lease does. So in affect the operating lease can be thought of as renting the asset while a finance lease can be seen as a finance option to own the asset.
Is it permissible for a landlord to reside on the property they are renting out?
Yes, it is permissible for a landlord to reside on the property they are renting out, as long as this arrangement is agreed upon in the lease agreement and follows all relevant laws and regulations.
What is the difference between a lease purchase house and a mortgage?
When you take out a mortgage, you are purchasing the house right then and there. A lease purchase is when you begin by renting out the house, but are also given the option to purchase it within a given period of time.
How do car leases work and what are the key factors to consider when entering into a lease agreement?
A car lease is like renting a car for a specific period, usually 2-4 years. You make monthly payments and return the car at the end of the lease. Key factors to consider are the lease term, mileage limits, upfront costs, and potential fees for excess wear and tear.
Can someone cosign a car lease for me?
Yes, someone can cosign a car lease for you. This means they are agreeing to be responsible for the lease payments if you are unable to pay.
What is the difference between lease and sublease?
A lease is were you are renting of the owner itself, a sub lease is were you would be renting a part of what somebody else already has.
Can you break a lease due to scorpions?
The House we are renting has scorpions all over it. what to do about breaking the lease
Break lease when buying house in Virginia?
Can you break a lease when renting within 24 hours in virginia
Should you rent to lease if you are on a very tight budget?
Well if your on a very tight budget I would lease, as it can be somewhat cheaper in the long run then renting. If your looking for a short term this go for renting.
What does office space for lease mean?
Having an office space for lease means that you have a building open to rent out to people looking to start a business. These areas can not be used as a residential home. Office space for lease means renting a commercial space in a local office building in town. This building will be use as office space for business.
Renting How long after signing a lease do you have to get out of it?
Depends on where you live. In Los Angeles there is none. Once you sign the lease you are bound to the terms.
What is the BMW lease rate compared to a bank loan?
When you lease a vehicle you are basically renting it for a period of time and financing a vehicle through a bank means you are purchasing the vehicle for personal ownership. The lease rate may be lower than a bank loan because it is short term ownership.
Is it cheaper to lease a car rather than buy a car?
No. Leasing is for suckers. A lease is no more than renting a vehicle with nothing to show for it at the end. Stay away from a lease. Buy what you can afford, and forget the lease.
What does no right of storage mean in a lease agreement?
Possibly it means that they are renting the space for specifically for you to live in or operate a business. The lease would not allow you to warehouse products or items instead. You would also not be able to keep a "project" car or its parts in the parking lot.
When renting and house is sold how long do you have to move out?
If you have a lease until the end of the lease. otherwise a couple of weeks depending on the agreement that you made with the agent or owner.
Difference between operating lease and finance leasing?
An operating lease does not transfer the risks and rewards to you (lessee) at the end of the lease period where a finance lease does. So in affect the operating lease can be thought of as renting the asset while a finance lease can be seen as a finance option to own the asset.
What should I look for in a lease contract?
Lease contract information greatly depends on the state you are renting the property in, as each state has different renter's rights. However, you can find general information here: en.wikipedia.org/wiki/Lease
