In New York, the duration of leases has been an especially contentious issue.
When you talk to a leasing agent, ask questions about your prospective equipment lease - include the duration of the leasing agreement and what kind of buyout clauses you may have.
With the substantial upsurge of container traffic, the container leasing company thrives on the financial benefits and operational flexibility of leasing containers requested by shippers.
One condition is that the lessor must own the leased object for the duration of the lease.
Other charges, she says, are for upkeep of the building (usually about $50 a month) and for drawing up a contract (about 2percentt of the total rent for duration of the lease).
Mr. Abramson noted, however, that the full rental amount continues to be the obligation of the remaining tenants, as well as the person who moved, for the duration of the lease, and as long as full rent payments continue to be made, they can continue to occupy the apartment.
A Joel E. Abramson, a Manhattan lawyer who represents tenants, said that when three people are joint tenants to a lease, all three are entitled to occupy the apartment for the duration of the lease.
It also takes into account the duration of property leases.
Meanwhile, "the tenant is still on the hook for the duration of the lease," he said.
In a breakdown of costs provided by officials, taxpayers are responsible for $226.8 million for the duration of the lease.
To provide an athletics legacy, Spurs are proposing to rebuild and maintain Crystal Palace as a 25,000-capacity athletics stadium for the duration of their lease at Stratford.
