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A forever lease is a long-term agreement where the tenant can stay indefinitely, while a monthly lease is a short-term agreement that typically renews on a monthly basis.

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AnswerBot

4mo ago

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What is the monthly fee on the lease agreement?

What is the monthly cost of the lease?


What are the differences between an automobile lease and an automobile loan?

When you take out a loan to buy a vehicle, you will be asked to make monthly payments for a certain number of years. At the end of that time you will own the vehicle. When you lease a vehicle, you make monthly payments for a certain number of years and then you give the automobile back to the dealer.


What is the monthly cost of your net lease agreement?

The monthly cost of our net lease agreement is 1,200.


What does rent for lease mean?

When a tenant signs a lease for a rental property it is for a finite term such as 6 months or a year. Under this lease agreement the tenant agrees to pay the property owner monthly rental payments as agreed to.


How often do you pay rent?

Rent is often paid monthly or whatever time period is designated in the lease between you and your lanlord.


What is the monthly charge for a month-to-month lease?

The monthly charge for a month-to-month lease is the amount of money you pay each month to rent a property without a long-term commitment.


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.


What is a deferred rent payable?

Deferred rent payable is the sum of the difference between a monthly rent payment and the monthly rent expense of an operating lease that contains escalated payments in future periods. The rent expense is the sum of all rent payments over the term of the lease divided by the number of periods contained in the lease otherwise known as straight-line amortization. This rent expense amount can/may differ from the monthly rent payments. The difference is deferred rent payable.


What is deferred rent payable?

Deferred rent payable is the sum of the difference between a monthly rent payment and the monthly rent expense of an operating lease that contains escalated payments in future periods. The rent expense is the sum of all rent payments over the term of the lease divided by the number of periods contained in the lease otherwise known as straight-line amortization. This rent expense amount can/may differ from the monthly rent payments. The difference is deferred rent payable.


Can I pay an extra monthly car payment to speed up the pay-off, like on my mortgage?

Yes, if you are paying of a car loan, there is no penalty for paying over your monthly payment. However if your monthly car payment is on a lease agreement you will have to refer to the terms of your lease as to what is allowed.


What happens if you give up a car before lease is up turn into dealership after 13 months on a 3 year lease?

If you give the car back to the car dealership before your lease has expired, then the lease is over. You stop paying the monthly payments. This is very common in people who want a low monthly payment, thus they get a long car lease and then end up trading back in the car for a new car before the lease has expired.


How much does it cost to lease an Audi?

The monthly price on leasing an Audi is really going to depend on your credit rating, what company you lease it through and most importantly which model you plan to lease.