The Consumers Guide to Auto Leasing
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Car Leasing Glossary - Business Lease

Business Lease (car leasing term)

A lease of personal property to (1) an individual to be used primarily for business, commercial, or agricultural purposes or (2) an organization, such as a partnership, corporation, or government agency. The Consumer Leasing Act and Regulation M do not apply to business leases.

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2010 Consumer Guide to Car Leasing
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