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Lease obligation is like debt in that both legally obligate the firm to make a series of specified payments. bondholders would like the firm to limit its lease obligation for the same reason that bondholders desire limit on debt: to keep the firm's financia burden at manageable levels and to make the already existing debt safer.

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What happens if I exceed the mileage limit on my lease agreement?

If you exceed the mileage limit on your lease agreement, you may have to pay additional fees for each mile over the limit. This can increase the overall cost of your lease.


What happens if you exceed the mileage limit on a lease agreement?

If you exceed the mileage limit on a lease agreement, you may have to pay additional fees for each mile over the limit. This can result in extra costs at the end of the lease term.


What happens if you go over the allotted mileage on a lease agreement?

If you exceed the mileage limit on a lease agreement, you may have to pay additional fees for each mile over the limit.


What happens if you go over the mileage on a lease agreement?

If you exceed the mileage limit on a lease agreement, you may have to pay additional fees for each mile over the limit. These fees can add up quickly and can be costly. It's important to carefully monitor your mileage and consider purchasing additional miles upfront if you anticipate exceeding the limit.


Do you have to pay for extra miles on a lease if you decide to purchase the car at the end of the lease term?

Yes, if you decide to purchase the car at the end of the lease term, you may have to pay for any extra miles that exceed the mileage limit specified in the lease agreement.


What happens if you go over your miles on a lease agreement?

If you exceed the mileage limit on a lease agreement, you may have to pay additional fees for each extra mile driven. These fees can add up quickly and can be costly. It's important to monitor your mileage and stay within the agreed-upon limit to avoid these extra charges.


How many miles a cars engine is supossed to use a year?

There is no real limit on an engine. The only "limit" would be one imposed by a lease agreement, something around 10-12,000 a year.


What are the typical terms of a blank lease agreement?

Typically speaking there are four major topics covered in a blank lease agreement. The names of all the occupants of the dwelling being leased, the actual limit of who can stay in that dwelling, the length of time the lease will be (i.e. month to month, 12 months), and the cost of rent (including any deposits and fees).


What is the significance of a class action waiver in an apartment lease agreement?

A class action waiver in an apartment lease agreement prevents tenants from joining together in a lawsuit against the landlord. This means that each tenant must pursue legal action individually, which can limit their ability to collectively address issues or disputes with the landlord.


What happens if you go over the mileage limit on a lease?

If you exceed the mileage limit on a lease, you will typically have to pay an additional fee for each mile over the limit. This can result in extra costs at the end of your lease term.


What if your lease agreement you signed says you can have a dog and then they say that you cant have a dog over so much weight?

does it specify a weight limit in the lease you signed? If not you are fine. Management has a good sense of what kind of pets and their sizes are reasonable for the well-being of an apartment. It is their right to be specific as to what they will allow.


Negotiating the Lease Agreement Term?

When it comes to securing office space, the lease agreement is of special importance. It can later be a source of trouble for the business, even if the landlord appears reasonable. Negotiating a lease offers the benefit of seeing more of the landlord's character before signing anything. The most important point for the tenant is the term limit of the contract. A shorter term with option to renew is best for the tenant, because this increases options and disallows the landlord to end the relationship at the end of the contract. However, landlords are likely to give additional concessions with the tenant's agreement to an extended lease. Take the time to consider the future of the business thoroughly before signing.