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© 2013
Gary E. Cooke II

 

   
. Leasing Strategies  

 

 

   

Leasing includes Commercial and Residential property leases and equipment and product leases.

Leasing, like licensing, gives one party the right to use property owned by someone else. Unlike, licensing, however, a lease is almost always an exclusive right. The most common leases involve leasing real estate or equipment.

Leasing, whether it is real estate or equipment, may provide for lower monthly payments and a smaller down payment than a purchase, but at the end of the rental relationship you generally will not own anything. In addition, default on a lease may mean losing use of the property and remaining liable for some or all of the remaining lease term. Leasing, however, allows you to use property or equipment that you could not afford to purchase and in areas such as computer leasing, allows you to upgrade systems upon entering into a new lease.

Commercial Real Estate Leasing

Mr. Cooke has prepared and negotiated a variety of these leases, including leases on downtown Chicago office space, leases for entire floors of buildings with necessary sublet rights to set-up an Òoffice suiteÓ space, office sharing leases, leases in malls, strip malls and stand alone stores.

Residential Real Estate Leasing

Mr. Cooke has prepared and negotiated residential leases for the rental of apartments, condominiums and townhomes.

Equipment Leasing

Mr. Cooke has prepared and negotiated equipment leases for heavy equipment including cranes and construction equipment.

Automobile Leasing

To evaluate Automobile leases see the cover story "Is It A Deal? The Arithmetic Of Leasing" in the February 7, 1994 issue of Business Weekª by David Woodruff with Edward C. Baig.

Representation of individuals and businesses at $300.00 per hour.

You can reach Mr. Cooke at (312) 497-9002 or by email at "gc@Cookeslaw.com".

 
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