It’s in the Fine Print
The “Gotchas” in your equipment leases will get you every time. The “Gotchas” in your equipment leases will get you every time.
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Once the lease contract arrives, the lease review and negotiation may involve the corporate attorney, chief financial officer, purchasing and the duplication department managers. What sometimes happens is that each reviewer is unclear about his or her specific responsibility for drafting contract changes. In addition, equipment lease language is different than loan documents or real estate lease lingo.
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Mary A. Redmond
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