What is a lease purchase agreement?

Answer A lease purchase agreement is a when a lessee agrees to pay a lessor payments on a piece of property, such as an automobile or home. The lessee has the option to apply the payments made toward the... Read More »

Top Q&A For: What is a lease purchase agreement

Business Lease Purchase Agreement?

In a lease purchase agreement, a lessee agrees to buy a property or piece of equipment at the conclusion of the lease or simply pays for the option to do so. Because of the additional purchase righ... Read More »

Can a car bought under a hire purchase agreement be insured by anyone other than the person who signed the hire purchase agreement?

Well this policy depends upon the company you choose for car hire. In most of the case you will not find this type of option. One more option is you can directly contact the desired company. You ca... Read More »

What is the difference between a rental agreement&a lease agreement?

Renting or leasing a house or apartment is common. The terms "rent" and "lease" are often used interchangeably. However, there are stark differences between the two. Before you sign or offer any su... Read More »

What is a wet lease agreement?

Just as is the case with an automobile, if you can't afford to purchase a plane, you can rent one for a short period of time. A wet lease agreement is more tailored for a lessee who is fairly new t... Read More »