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Open-end lease

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Open-end lease
A lease agreement that provides for an additional payment at the expiration of the lease to adjust for any change in the value of the property.


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Hines says many business owners get caught off guard thinking they've signed a close-end lease when in fact, it's an open-end lease.
An open-end lease usually is slightly less costly than the closed-end lease.
The open-end lease does not guarantee an end-of-lease value, which means that monthly payments are lower.
 
 
 
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