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  2. How to End a Car Lease Early - AOL

    www.aol.com/end-car-lease-early-222300634.html

    A lease buyout involves paying off the remainder of your monthly payments plus any early termination fees in cash. Many people choose to buy out their leases at the end of their term. Then, you ...

  3. Termination fee - Wikipedia

    en.wikipedia.org/wiki/Termination_fee

    Termination fees are common to service industries such as cellular telephone service, subscription television, and so on, where they are often known as early termination fees. For instance, a customer who purchases cellular phone service might sign a two-year contract, which might stipulate a $ 350 fee if the customer breaks the contract.

  4. Option fee - Wikipedia

    en.wikipedia.org/wiki/Option_fee

    The termination option gives a potential buyer time to fully evaluate the condition of the property and perhaps renegotiate the initial offer based on inspections, needed repairs, or other considerations. During the option period, buyers may either terminate the contract or proceed to purchase the home.

  5. Shotgun clause - Wikipedia

    en.wikipedia.org/wiki/Shotgun_clause

    A shotgun clause (or Texas Shootout Clause [1]) is a term of art, rather than a legal term. It is a specific type of exit provision that may be included in a shareholders' agreement, and may often be referred to as a buy-sell agreement. The shotgun clause allows a shareholder to offer a specific price per share for the other shareholder(s ...

  6. Texas Fund Trapping Notice - Wikipedia

    en.wikipedia.org/wiki/Texas_Fund_Trapping_Notice

    In Mechanics lien law a Texas Fund Trapping Notice is a preliminary notice that parties on construction projects who are not directly contracted with the owner send in order to preserve the right to file a mechanics lien in the event of nonpayment in Texas. This document is called a Fund Trapping Notice because its purpose is to inform the ...

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