lundi 17 avril 2023

can you refinance a lease

It is not possible to refinance a lease because a lease is a contractual agreement between the lessee (the person who is leasing the property) and the lessor (the person who owns the property). Unlike a loan or a mortgage, a lease does not involve borrowing money that can be refinanced.

However, it may be possible to negotiate with the lessor to modify the lease terms, such as extending the lease or adjusting the payment schedule. This could help the lessee manage their cash flow and potentially reduce their monthly payments. It is important to carefully review the terms of the lease agreement and discuss any proposed changes with the lessor before making any modifications.




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