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What is lease obligation?
it is lease paid on capital invested
What kind of contract outlines the obligation of a landlord in his or her renters?
Is called a lease.
What are the 3 types of lease?
Leveraged Lease Financial Lease Operating Lease
What is off-balance sheet financing?
The most common example would be a lease of equipment. Since the equipment is treated like a rental, the asset and the corresponding liability are not shown on the balance sheet. Lease payments are expensed as paid and the lease obligation would be disclosed in a note to the financial statement.
What are different types of lease agreement?
1 - Operating Lease 2- Financial Lease
Does leasing a car increase your debt-to-income ratio?
In theory, an auto lease is the same as renting an apartment or anything else for that matter. If you stop paying the lease payments and return the car, you may have to pay a penalty, but you have not defaulted on a "loan." However, banks and other financial institutions may not see it that way when considering a loan applicant. They may consider the lease obligation as a "debt" and the payments as a monthly obligation. It will depend on the particular institution.
What are different type of leases?
1 - Operating Lease 2- Financial Lease
What can happen if you stop paying your lease payment on your apartment halfway through the lease and you leave the apartment?
The landlord has an obligation to try to rent it. If she cannot, she can sue you for each month, through the end of the lease.
If I sign a lease but do not exchange money is the lease valid and do I have to move in the apt?
If you signed, the lease is binding. You don't have to move in, but you do have to pay the rent. The landlord has an obligation to try to rent the place, but until he does, you have to pay.
Can a landlord go after my eighteen year old daughter if I default on my lease agreement?
Your daughter would have no legal obligation to pay the lease, unless her name is on the lease and she was over eighteen when she signed it. Otherwise the lease you signed is not enforceable against your daughter.
Is it illegal to sign the lease for your own apartment if you are already on a lease with your boyfriend but you move out?
No. But, you will still be responsible for your share of the previous lease unless the landlord/rental agency (not the the other leasees) agree to release you from your obligation.
Is Toyota financial services po box 3025 coraopolis pa 15108 for loan or lease?
lease
