If the value of the asset decreases during the lease, who bears the difference? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

If the value of the asset decreases during the lease, who bears the difference?

Asked by Banky team 2 months ago 1 views
Banky team Reviewed editorial answer

A drop in the asset's market price is not the same as the asset being damaged.

Since ownership during a lease has a real impact, you need to know who bears the ownership risks and what happens if you decide to exit or acquire the asset at a price different from your expectations.

The figures, fees and limits in this answer vary by bank and change over time — confirm them with your bank or the official source before acting.

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