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Leasing Terminology
Insurance”
Because leased equipment is technically owned by the lessor until the satisfactory conclusion of the lease term, (proof of) all risk/casualty insurance will be required showing the lessor as a “named insured.” -
Equipment Leasing Examples
New Propane Tanks (87)
Total Price: $82,500.00
$2,197.00 @ 48 Months $1.00 Buy-out