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Key takeaways. An open-end mortgage provides financing to help you buy a home now and renovate it in the future. Open-end mortgages work similar to a home equity line of credit, but you can only ...
Closed-end leases are so called because they run for a fixed term, and the lessor and lessee agree in the lease contract what the residual value of the property being leased will be. In most cases (particularly in retail motor vehicle leases), the lessee has an option to purchase the property for the agreed residual value at the end of the ...
Viking Range Corporation is an American appliance company that manufactures kitchen appliances for residential and commercial use. Today the company offers three complete lines of premium appliances including cooking , ventilation, kitchen clean-up and refrigeration , as well as various outdoor appliances. [ 1 ]
In the US, steel production using the Bessemer process ended in 1968 and the open-hearth furnaces had stopped by 1992. In Hunedoara steel works , Romania the last 420-tonne capacity open-hearth furnace was shut down on 12 June 1999 and demolished and scrapped between 2001 and 2003, but the eight smokestacks of the furnaces remained until ...
An alcohol burner or spirit lamp is a piece of laboratory equipment used to produce an open flame. It can be made from brass , glass , stainless steel or aluminium . [ 1 ]
The lease typically lasts for between 9 and 11 years, after which the management company has the option to either renew, or the property can be sold, or rented out and held privately by the owner. The purchaser/owner can also enjoy periods of usage free of charge through the year, depending upon the terms of the lease.
Vehicle leasing is the leasing (or the use) of a motor vehicle for a fixed period of time at an agreed amount of money for the lease. It is commonly offered by dealers as an alternative to vehicle purchase but is widely used by businesses as a method of acquiring (or having the use of) vehicles for business, without the usually needed cash outlay.
Moffat Tunnel – leased to Union Pacific Railroad by the state of Colorado under a 99-year lease until 2025. [5] A lease extension of 25 years was agreed to after the initial 99 years expired. [6] [7] Ontario Highway 407 Express Toll Route – leased to private company by the Ontario provincial government under Premier Mike Harris for C$3.1 ...