A bootstrap is the process of starting up a computer. It also refers to the program that initializes the operating system (OS) during start-up. The term bootstrap or bootstrapping originated in the early 1950s. It referred to a bootstrap load button that was used to initiate a hardwired bootstrap program, or smaller program that executed a larger program such as the OS.
For returning lease customers, the $350 disposition fee will be waived when entering a new lease/loan with BMW Financial Services again, as well as the security deposit will be waived (with approved credit).
As the purchaser of leasehold property, you acquire the right to occupy and use the leased property for the time period stated in the lease agreement. In return for this right, you agree to make rent payments to the lessor and abide by the other terms of the lease.EVERSION: The typical apartment lease provides that the land reverts to the lessor at the end of the lease term. In other words, when the lease expires, the lessor retakes possession of the land. When you buy an apartment unit on leased land, it is important to consider what happens to the unit after the lease expires.