Sunflower Pool and Patio customers in Salina, Kansas and other areas can benefit from a powerful set of contract and lease procedures through our investigation of a recent legal article on the subject of end of lease contract matters. We discovered some very useful tips that can help our pool and outdoor product customers navigate this important part of their contracts, and you can click here to see the full article yourself.
We know Sunflower Pool and Patio customers don’t want to have to pay any additional fees for maintenance or other costs when lease end arrives, and in this we can help. It all starts with understanding the terms of your contract at the time of the purchase. Savvy customers make sure they know what is expected of them at the end of the lease contract period, as some products must be returned but others can be renewed or even purchased. If a purchase option is available, it’s important to note whether it’s at market price or a nominal price.
Another big step is to properly review your obligations under the lease contract. You may be asked to ensure that the rented product is returned in a certain condition or, on the other hand, you may be required to have the product professionally cleaned. By reviewing your contract in detail, you can avoid having any additional costs incurred at the time of the lease end date.
You may also want to consider upgrading an equipment package when the end of lease date arrives for your pool equipment or patio equipment. In many cases it can be an advantage for customers to ensure they have the latest and greatest designs, technology, and features in their landscape or backyard features, and this can also be achieved with smooth end of lease contract management. On the other hand, if your contractual agreement isn’t clear about whether your items can be updated or upgraded at lease end, you may have to decide whether to pay a fee or buy out the product or simply keep it as-is.
In certain situations, you may be subject to early termination fees or other penalties from lease end marketing agreements. It pays to know what your obligations are! At the end of a lease period for a product, you may need to pay either an early termination fee or an extra fee for not making lease payments all the way to the end, or even “back payments” for each month you missed paying during the term of your original lease. Late fees and other costs can really add up, so we advise our customers to be negative about these types of provisions and make sure they read the fine print.
In order to avoid a poor outcome at lease end, it’s also important to make sure that no damage occurred during the time that you owned the leased item. You may want to take photos of the current condition of the unit, for example, or have preliminary discussions with a technician or other expert to find out whether your accessories, patio features, outdoor products, or other items meet the standard in your lease agreement. This can potentially save you money at lease end – and it can help you smoothly transition to a possible upgrade, purchase, or other option.
More considerations include whether you should purchase a piece of equipment outright or whether it’s better to keep a selected item in the lease end program for another year. The term of the lease can affect these decisions, for example, so it’s very important to consult the terms of the lease agreement before making a decision one way or the other about your leased pools, outdoor rooms, and other products.
One last consideration is whether you should contact a legal professional for advice on these issues. This relates back to an earlier point, where we noted that it’s important to know the details of the contract. By reading an article like Effective Lease End Management, you can better understand any potential purchase options or other opportunities at your disposal, and make an informed decision whether to upgrade or continue with your current leased products.
When considering these aspects of your lease end management procedure, be very clear about what you want. Dishonest negotiators will sometimes emphasize a lease end procedure in order to unduly influence a customer into spending more than they should. Keep the facts of your lease end possibilities in mind and follow through with persuasive negotiation techniques.
For more information on lease agreements and their implications, you can visit Wikipedia.