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What is a finance lease?
A lease is a contract between someone who rents an asset and someone who owns the asset. The owner is referred to as the lessor and the renter is referred to as the lesse...
1 Answers | 227 Views
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What is a capital lease obligation?
A capital lease is a lease for both the hard asset- the vehicle, factory etc, and a lease for some of the ownership rights. A capital lease allows its holder to both writ...
1 Answers | 226 Views
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What is a commercial lease vehicle?
A commercial lease vehicle is the leasing of a vehicle for a specific agreed upon period of time. The customer can choose at the end of the lease period whether they want...
1 Answers | 224 Views
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What is a triple net lease?
A triple net lease is a term that is almost always used to describe a lease for commercial real estate space. Essentially, triple net leases require that the lessee be re...
1 Answers | 209 Views
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What is a direct financing lease?
A direct financing lease is when the lessor is not a dealer or manufacturer and the lease is a capital lease in characteristics. The lessor has the intention to rent or l...
1 Answers | 154 Views
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What do i need to lease a car?
There are a lot of things you need to lease a car. You need to show a valid driver's license. You also need to demonstrate a good credit standing. You would also need to ...
1 Answers | 151 Views
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What is a short term lease?
A short term lease is a lease of an asset for a limited amount of time, usually six months or less. A short term lease is opposed to a long term lease, whose contract may...
1 Answers | 147 Views
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What is a proprietary lease?
A proprietary lease is an arrangement provided by a corporation to a coop owner to use or lease a property.
1 Answers | 145 Views
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What happens at the end of a car lease?
At the end of a car lease you can sign up again and lease another car. There is also an inspection they will perform on the car where you will be required to pay anything...
1 Answers | 144 Views
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What constitutes a lease?
It is a legal document signed by the Owner of a property and the tenant with the terms and conditions with regards to the property being leased.
1 Answers | 143 Views
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What is a land lease?
A land lease is a lease of a land wherein the structure on the land is owned independently. The land in which the building is constructed is owned by another entity.
1 Answers | 142 Views
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What is a closed end lease?
A close end lease is a type of lease wherein at the end of the lease period agreement, it does not provide an option or force the lessee to purchase the asset being lease...
1 Answers | 140 Views
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What is a lease purchase agreement?
A lease purchase agreement is a lease that gives the tenant an option to purchase the property.
1 Answers | 137 Views
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What is a capitalized lease?
A capitalized lease is a lease for a property with containing 1 or 2 of the following conditions: 1. the lease contains an option to purchase the property for less than...
1 Answers | 137 Views
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What is a lease residual?
The lease residual is the amount that you could pay, once the term of the lease is over, to own the product you have been leasing. The example most people would be famili...
1 Answers | 132 Views
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What is a ground lease?
A ground lease is a type of lease wherein the tenant can build a structure on the land being rented while he is leasing it. It is a long term lease of around 10 years or ...
1 Answers | 131 Views
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What is an auto lease?
An auto lease is a lease of an automobile. It is to obtain the use of an automobile without purchasing it but with a monthly payment for a set of period of years .
1 Answers | 120 Views
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What is lease financing?
It is a type of lease wherein the lessor would purchase an item for the lessee. The lessee would use the asset and would agree to pay the lessor plus interest for a speci...
1 Answers | 112 Views
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What is a month to month lease?
A month to month lease is a short term rental agreement between two parties. The lease can be for almost anytihng including a residence, auto, equipment, tools, etc. The ...
1 Answers | 111 Views
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What is an operating lease?
An operating lease is a lease agreement for the use of an asset or equipment. The right to operate an equipment is transferred and not the actual asset.
1 Answers | 108 Views
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