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Generally it means to pay the remainder of the monthly rent through the end of the lease for some reason, often so the tenant can vacate the premises before the lease has ended.

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11y ago

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Related Questions

How much do you put down on a lease to buy a home?

A lease does not buy a home.


Buy or Lease?

Buy or Lease? Should you lease or buy your car? Use this calculator to find out! We calculate your monthly payments and your total net cost. By comparing these amounts, you can determine which is the better value for you.


How do you lease a home to buy?

you put up a sign that says "for lease"


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.


If you buy out a lease, do you have to pay for any excess mileage on the vehicle?

Yes, if you buy out a lease, you may have to pay for any excess mileage on the vehicle as outlined in the terms of the lease agreement.


What is a leased to own a home?

"Lease to own", Is when you lease a house with the intention to buy it for a discounted price after the lease is over.


Does "Homes for lease" mean the same as "Homes for rent"?

Homes to rent and homes to lease are very similar. Homes to rent you rent them for a week, a month or whatever you agree on withyour landlord. Homes for lease is pretty much the same but some lease to own has an option to buy the place you are renting.


If I buy out my lease, will I be required to pay for any excess mileage on the vehicle?

Yes, if you buy out your lease, you may be required to pay for any excess mileage on the vehicle as outlined in your lease agreement.


Can you buy a car and turn around and lease it?

you can for a private seller but if you buy multiple car's and lease them it would be illegal unless you have a dealer license.


If I buy my lease, will I be required to pay for any excess mileage on the vehicle?

Yes, if you buy your lease, you will not be required to pay for any excess mileage on the vehicle.


Is it more cost effective to lease or buy a new car?

It is more effective to buy. If you lease, then you will be paying for the car for a number of years, but will be obligated to either buy the car or get a new one, but all money paid into the lease will be lost. When buying, you have documented ownership.


How do you find out what it would cost you to buy out your auto lease?

Call your lease company and ask them for your payoff (or buyout).

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