What does "For Lease Build to Suit" mean?

Answer 1

It means that a building or part of a building is available for rental (usually for business), and the owner will build out the space to fit your needs. This build out cost is usually folded in to the rental costs. If you are interested in this, it would be a good idea to get a commercial real estate agent who can guide you through this process and its many contract paragraphs from his training and experience. His cost is usually paid by the owner of the building, and I had one that was very helpful in my getting an office suite in a downtown building..

Answer 2

Built To Suit Lease

Answer 3

Going legal means they are going to send the debt to their legal department and begin the process to sue you. Unless you have insurance that covers your debts when you are unable to work due to medical problems, the reason that you haven't paid is irrelevant. At this point, you should try very hard to get those two payments together to catch up on your lease. That will give you more time to work with GMAC and get caught up, although if you don't have any prospects for continuing to pay your lease you might be better off saving those payments to hire a lawyer and start bankrupcy proceedings. At this point, if they decide to reposess the car they aren't taking YOUR car - they are taking THEIR car back from you. They don't need any permission from you once the repossession order is given, and they will come and take it from your house, your job, or wherever else they may find it with a tow truck. If a friend is hiding the vehicle for you, they might be charged with various crimes related to hiding a vehicle from being reposessed or Grand Theft Auto. Also, if that person is someone you have ever used as a credit reference, emergency contact, etc (not just for this car) the repo man will probably check their house. Once they find and reposess the car, you will be responsible for any remaining balance on your debt plus the cost of reposessing your car. Legally, a debtor can garnish your paycheck, take your tax returns, etc and still continue to charge interest until your debts are paid in full.

Answer 4

They are advertising a property to lease which has not yet been constructed. Given the proper lease arrangements, they are offering to construct a property to suit the needs of the person or business which will lease it, normally under the terms of a long term lease.

Answer 5

It basically means that a company will construct a building to suit your needs, but will retain ownership of the land and structure, renting it to you on a yearly (or some other length of time) basis.

Answer 6

it usually means that it is an empty warehouse and that they will build up the inside for you-i.e. put in walls, build offices, create a kitchen, install cubicles.