At the end of the lease term, the driver owes a balloon payment.
The full year acquisitions were done at an average cap rate of 7.22% with a weighted average lease term of just over 14.5 years.
That's because the REIT's average lease term is nine years, so those renewing within the next year or so were booked at much lower rates.
However, depending on your type of lease, when your lease term is up, you either hand the keys over to the car dealership and look for another vehicle, or finance the remaining value of the vehicle and go from making lease payments to loan payments.
Offering to sign for a longer lease term such as 15-18 months versus 12 months is a good tactic to negotiate with as this helps the landlord to secure tenancy, reduce the costs associated with turning the apartment if you move out and filling your vacancy.
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Current accounting rules allow retailers that sign certain long-term leases to omit the leased property from their balance sheets. (The basic rule is that omission is acceptable if the lease term is less than 75% of the useful life of the building.) But the Financial Accounting Standards Board may change that next year.
The company arranged for 75 lease buyouts, 50 short-term lease extensions and lease terminations upon expiration for about 115 stores.
Espoo, Finland - Nokia has agreed to sell and lease back its head office building in Espoo, Finland on a long-term lease to Finland-based Exilion.
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Forever 21, the Los Angeles-based apparel retailer, signed a short-term lease for the space last fall.
If you have this setup, consider leasing that building back to the business for a long-term lease.
If you leave California, sell your residence or at least rent it out on a long-term lease.
He negotiated a long-term lease on the low brick building, just when Manhattan's Meatpacking District was trading pork for prosciutto.
Regardless of who gets the bid, the stadium will be publicly owned, and the new tenant will sign a long-term lease.
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Unlike all other big fast-food chains, McDonald's owns or controls under a long-term lease the vast majority of its stores and land.
The company has taken a long-term lease on a 70, 000 sq ft (6, 500 sq m) factory in Old Run Road in Hunslet.
Brighton's dilapidated Saltdean Lido is to be offered on a long-term lease in a bid to attract sufficient investment to safeguard its future.
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Foreigners wishing to buy property must find a local partner to formally own the land, and then sign a long-term lease with that partner.
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Then his business would sign a long-term lease for the property.
The sum, investigators suspect, may be linked to Haney's securing a highly unusual agreement committing the Federal Communications Commission to a long-term lease at the Portals.
Although Mullaiperiyaru dam is located in Kerala, it is operated by the government of Tamil Nadu which signed a long-term lease with the former British government.
Of course, a long-term lease like Chan's is contingent on being a club member, which requires not only an invitation from the club but increasingly deep pockets.
The legacy company that will decide who will occupy the Stadium hopes to identify a preferred tenant by December and have a long-term lease agreement signed by next March.
Given this risk, it may be better to sign a long-term lease at a low rental rate than to hold out for a premium rent in a year or two.
Mr Prescott's favoured option was for London Underground to continue to run trains, but to hive off its network infrastructure on a long-term lease with ownership eventually reverting to the state.
Buyers get an interest in a portfolio of five properties, each with a single, different commercial tenant (Kohl's, Walgreens, EDS, Circuit City or Lowe's), each with a long-term lease and in a different state.
He's just a ringer on a short-term lease.
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Some lease agreements, when terminated early, will credit the bank's interest fees back to the driver for the unused term of the lease, but the leasing company will keep its spread from the entire term.
If no activity takes place within the primary term, the lease becomes inactive and can be renegotiated.
He declined to give further details other than to say they were properties with long-term leases and solid lease terms.
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