In theory, then--not including discounts--the price of a lease
equals the price of a purchase (after calculating the money recouped after a trade-in).
Over the sixteen years that the Consumer Leasing Act has been in effect, the Board has received few formal consumer complaints regarding leases
covered by the act.
This reluctance stems from the fact that the lessor actually finances the purchase price of the equipment through a nonrecourse loan from (or discounted rental-stream assignment to) a bank or other funding source, which will then take a security interest in the lease
, the lease
rentals and the equipment.
is a long-term lease
(for real estate, more than 14.
When analyzing a lease
transaction, it's best to begin by finding out the car's capitalized cost.
Fitch's auto lease
ABS rating criteria has remained essentially unchanged as fundamental criteria and methodology remains similar to the original criteria report released in 2000, with updates on industry information and related items.
To provide protection against the uncertain success of a luxury car dealership on the east side of Manhattan, Madison obtained a personal guaranty of the lease
from the Millers for the payment of rent up to $1,682,980.
1974, the court held that because a taxpayer had chosen to treat lease
revenues as rental income and had consistently done so for a period of years, this regular practice was clearly a method of accounting.
In a typical arrangement, a company (lessee) enters into a lease
transaction and classifies it as an operating lease
based on a literal reading of FASB Statement no.
At Republic Park 3, the Company signed a new 16,700 square foot lease
The survey, which polled 200 owners, corporate tenants, and lease
administrative services providers, offers a snapshot of current practices and issues in the industry.
transactions provide for the payment by one of the parties of executory costs such as insurance, maintenance and taxes in connection with the leased property.