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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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What is SF lease?

In the commercial leasing industry, $/SF/year or $/SF/yr means the rent per square foot per year.

Why is leasing cheaper than renting?

Rental companies generally have a smaller selection and cant guarantee an exact model. Leasing may cost less than renting: Youll typically pay less per month on a lease vs. a rental car of the same model for the same amount of time.

Is it better to buy or lease a Porsche?

In summary, if you typically drive less than 10,000 miles a year and would like a lower monthly payment amount, you should consider leasing your next vehicle. Otherwise, purchasing your vehicle still provides the most freedom and flexibility when it comes to Porsche ownership.

What are two disadvantages of leasing?

Disadvantages No equity/ownership in the vehicle. Potential early termination liability. Potential end-of-lease costs like excess wear and tear and additional. Mileage charge.

What is a main disadvantage of leasing?

The obvious downside to leasing a car is that you dont own the car at the end of the lease. That means you dont have a trade-in if you decide to purchase a car. Consumers who routinely lease cars over many years may end up paying more than they would if they had initially bought the car.

What does square foot per year mean?

In simple terms, PSF tells you how much rent youll pay for each square foot of leased space per year. So, a 1,000-square-foot office space at $20 PSF would lease for a total of $20,000 per year.

What are the 4 types of leases?

There are four different types of lease: gross lease, net lease, percentage lease, and variable lease.Lets have a look at each one. Gross Lease. Gross leases are most common for commercial properties such as offices and retail space. Net Lease. Percentage Lease. Variable lease.

What are the 3 main types of lease?

The three main types of leasing are finance leasing, operating leasing and contract hire. Finance leasing. Operating leasing. Contract hire.

What is flat leasing?

Leasehold ownership of a flat is simply a long tenancy, the right to occupation and use of the flat for a long period the term of the lease. This will usually be for 99 or 125 years and the flat can be bought and sold during that term. The term is fixed at the beginning and so decreases in length year by year.

Are there different types of leases?

There are different types of leases, but the most common types are absolute net lease, triple net lease, modified gross lease, and full-service lease. Tenants and proprietors need to understand them fully before signing a lease agreement.

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