First Class Lease Protection is designed to provide coverage for chargeable items that go beyond normal wear and
use at lease end.
Not exact matches
Situations that would normally lead to a
lease being classified as a finance
lease include the following: the
lease transfers ownership of the asset to the lessee by the
end of the
lease term; the lessee has the option to purchase the asset
at a price which is expected to be sufficiently lower than fair value
at the date the option becomes exercisable and that,
at the inception of the
lease, it is reasonably certain that the option will be exercised; the
lease term is for the major part of the economic life of the asset, even if title is not transferred;
at the inception of the
lease, the present value of the minimum
lease payments amounts to
at least substantially all of the fair value of the
leased asset, and; the
lease assets are of a specialised nature such that only the lessee can
use them without major modifications being made.
At lease end, lessee responsible for disposition fee of $ 395, $ 0.20 / mile over 36,000 miles and excessive wear and
use.
Additional charges will apply for excessive wear and
use at the
end of your
lease term.
Lease for $ 171 a month plus 6 %
use tax for 36 months with 12,000 miles per year All other fees included, $ 3,999 down, (Zero down
lease = $ 282 plus tax) total due
at signing $ 4,714 and buyout
at the
end = $ 14,765.
Seniors rarely
use the full mileage allowances in their auto
leases because they no longer drive to work, which is one reason dealers LOVE to
lease to them — the unused mileage makes for a desirable vehicle turned in
at the
end of the
lease.
TCEA 2007 permits CRAR to be
used after a
lease has
ended in relation to sums which fell due before the expiry of the
lease, but only in limited circumstances, namely: - where control of the goods in question was taken before the expiry of the
lease; or - all the following are satisfied: - the
lease did not
end by forfeiture; - not more than six months have passed since the
lease came to an
end; - the rent is due from the person who was the tenant
at the
end of the
lease; - that person remains in possession of the premises; and - any new
lease under which they remain in possession is a
lease of commercial premises and the landlord remains the same.
Here, Newfoundland Power and the City entered into a
lease from the City with an express right of termination after forty - seven years upon three years notice with a compensation formula in favor of Newfoundland Power limited to the value of works and erections in
use at the
end of the
lease to be valued by three arbitrators.
We just take into account for it by
using a pet deposit and a cleaning fee (we return the cleaning fee if
at the
end of their
lease / move out they choose to clean it themselves and can show proof).
The high -
end apartment market took off in the Cumberland / Galleria submarket thanks in large part to The Battery
at SunTrust Park, the new Atlanta Braves stadium and mixed -
use development where more than 500 apartments by Pollack Shores have been built and are now
leasing.
A deposit is to be returned
at the
end of the business relationship or
used for something else that is specified in the
lease.