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In this case the actual rental period is 13 months. If the lease rate is $1,500/month, the so-called face rent, then the total rent paid by the tenant will be 1,500 x 12 = $18,000. Over the 13-month period, this means the net effective rent is $1,385/month. Similar tenant inducements are often applied to large retail and industrial units as ...
Life-of-lease cost. Life-of-lease cost refers to any fees or balance remaining if the lease is terminated early. Costs may include an early termination fee based on how much has been paid vs. the ...
A lease is a contract calling for the lessee (user) to pay the lessor (owner) for use of an asset for a specified period of time. [4] A rental agreement is a lease in which the asset is tangible property. [5]
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.
A trade-in is also usually only an option when you buy or lease your new car from the same dealership as your current car lease. Most of the options available to terminate your lease early come at ...
Car leases usually allow lessees to either return the car, trade it in for another, or buy it at the end of the lease period. Buying a leased vehicle might be the right move for some people, but ...
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