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What is a lease buy out?

I need info on a lease buy out...It was one of the answers on another one of the questions I asked yesterday. It sounds like the best solution to the issue I'm having. Anyone have more info on it? How much it usually costs and will my deposit go towards it? Is it a relatively easy process? Is it likely the management will approve it?? BTW- There is only one other 3 bd apt avaliable at this time in this complex, does that make a difference?

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Asked by kcrawford01 at 12:23 PM on May. 14, 2009 in Home & Garden

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Answers (1)
  • A Lease Buy-Out is when you or someone for you pays off the balance of the lease... i.e if there is 5 months left you pay off the 5 months or someone else can.

    Answer by gmasboy at 1:05 PM on May. 14, 2009

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