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An early lease termination is the most expensive way to get out of a car lease. You should reserve this option as a last resort when you don't have the money to make your payments any longer or ...
The only way to alter your monthly lease payment is to return the vehicle and pay the early termination fees or do a lease buyout. Refinancing your lease could result in lower payments, but this ...
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An automatic renewal clause is used in the insurance and healthcare industries . An automatic renewal clause (also referred to as an evergreen clause), is activated towards the end of the contractual period whereby it automatically renews the terms of an agreement except when the contract is terminated (through mutual agreement or contract breach), or one of the contracting parties has sent a ...
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A tenant enjoying an undivided estate in some property after the termination of some estate of limited term is said to have a "future interest". Two important types of future interests are: Reversion: A reversion arises when a tenant grants an estate of a lesser maximum term than his own. Ownership of the land returns to the original tenant ...
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