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Ending a car lease early often comes with an early termination fee, meaning it's important to consider the pros and cons first. For example, if you're moving to a new city with public ...
These could include a disposition fee, an excess mileage fee, wear-and-tear fees, or an early termination fee. Make sure these fees are acceptable, and gauge the likelihood you'll have to pay them.
Lease agreements typically stipulate an early termination fee and limit the number of miles a lessee can drive (for passenger cars, a common number is 10,000 miles per annum though the amount can be stipulated by the customer and can be 5,000 to 25,000 miles per year). If the mileage allowance is exceeded, fees may apply.
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 ...
A breakup fee (sometimes called a termination fee) is a penalty set in takeover agreements, to be paid if the target backs out of a deal (usually because it has decided instead to accept a more attractive offer). The breakup fee is ostensibly to compensate the original acquirer for the cost of the time and resources expended in negotiating the ...
Previously we talked about Verizon's pricey $350 early termination fee, but Google's Nexus One may have it beat. That's because both T-Mobile and Google can charge for early cancellation. T-Mobile ...
When Toyota introduced the car in May, it charged a one-time application fee of 770,000 yen ($5,175) on top of a 107,800 yen monthly lease for the first four years of a 10-year contract.
Procedure for early termination by either party of the contract; Insurance policies of the hotel and its fixed assets. Management company ownership or investment required; Contract terms in the event of sale of the hotel; Incentive fees earned or penalties assessed related to operating performance; The exclusivity of the management company