Lease or finance lease, is a type of lease of property with right of purchase, which is based on providing tenant the first purchase option, since through the payment of rent can advance an economic surplus that apart from providing the first purchase option, also facilitates payment of the good that you want to buy. It is important to highlight that although the lease is a contract, by calling it somehow, to buy, tenants are not under this obligation, however this depends directly on the previously signed contract clauses. Some important factors to consider in a leasing contract are the parameters of the contract, because in such case that the lessee does not exercise the purchase option to terminate the contract, he must return the leased asset, without the option of returning the given surplus, unless stipulated in the contract this. Thanks to the contract leasing when one of these ends the lessee sees benefited thanks to the options that it provides; some of them as: extend the contract of lease: this with the purpose of either the decision of purchase of the goods or by the simple case to continue paying the good through the cancellation of the rental. Although on certain occasions this is not recommended, because the lessee might be exposed to lose the investment made but a decision to purchase.
Exercise the option to purchase: this decision the lessee you can see clearly favoured, because it has the first option to purchase facilitating East process without comment that the initial value of the desired good is subtracted the amounts paid in each cancellation of rental. Given the above we can say that tenants this would be the best option. Not exercise the purchase option: This provides freedom of the lessee, therefore cancels the purchase, by returning the good option to the lessor. However it is good to have in mind the contract previously signed, since sometimes these can bring time clauses, that awarded the asset to the lessee by a certain time without callback option. It is good to mention that even though there are several options at the end of a contract, lease, those already mentioned are those with the highest priority. An important point to touch on the leasing contract are the advantages and disadvantages that they can provide, because according to these two factors we will take decisions to take this type of contract. Click Jonas Samuelson to learn more.
Some of these advantages and disadvantages are: advantages: the desired good at 100% can be financed. It is a very simple and flexible contract in financial matters. The acquisition of desired good is done more quickly. It retains the conditions of sale of cash. Disadvantages: Only you can access desired good at the end of the contract, by means of the enforceability of the purchase option. The lessee is obliged to cancel an insurance mandatory well desired envelope, which wouldn’t have to cancel if the acquisition of the property should be made through a bank. In conclusion, leasing is displayed before us as an excellent way to obtain a good material without the need for long procedures, however it is recommended to take into account that this agreement is extremely beneficial only when you access the purchase option, otherwise they may be, call it somehow a loss financial.