The management of Business Solutions, Inc. has decided to return our rented photocopiers, printers and fax machines to you because we have decided to purchase ours. The cost is more efficient this way and as business people themselves, I`m sure you can appreciate our point of view. Everything will be returned to you in excellent condition. In fact, your technician was just out last week to maintain the equipment, and he wrote a statement that everything works very well. As always, I am available in my cell if you have any further questions or concerns. To make this magical journey even more entertaining, guess what happens if you forget to send the letter of intent during the specified time window at the end of your one-year auto-renewal? You guessed it, you can spend another exciting full year paying the wonderful leasing company. You may be wondering why you need to send a letter of intent to cancel a copy rental agreement if it ends on a certain date anyway. Indeed, in the eyes of the leasing company, the lease is not terminated until it has received your letter of intent within the time limit. The leasing company will usually not contact you at the end of the lease, and if you do not send them a „letter of intent“ to terminate (terminate, terminate) the lease, they will charge you the same monthly payment that you have made since the beginning.
With the amount of money they paid in 7 years, they could have literally bought 5 copiers. All because they didn`t understand when their lease actually ended and what their responsibility was if they wanted to terminate the photocopier lease. Whatever type of equipment or software you need to manage electronic or printed documents, we have what you need The moral of this story is twofold: 1) know when your photocopier lease ends and 2) send your letter of intent during the window of opportunity specified by the leasing company or you will regret it. If you`re renting a copier for your business, part-time practice, or nonprofit, your lease will undoubtedly have a specific duration. A term simply means the duration of the lease. Most rental conditions for copiers are 36, 48 or 60 months. Letters to landlords are letters to people who rent land, buildings or apartments to tenants. Whether you need repairs, file a complaint, move or add a roommate, it`s important to register it in writing.
It provides proof that you have requested something or taken action. Even if you are currently friends with your landlord and are resolving your issues informally, you may one day need proof of your communication or other requests. A letter to your landlord can prompt them to take action and keep you both within the law. Letters to owners can be formal or informal, depending on your relationship with the recipients. Address the recipient by name and use the appropriate greeting. If you are not sure about the name and address of the recipient, confirm this with the rental agreement. Specify the purpose of your letter so that the recipient has an idea of how to respond if they need to respond. Add important details such as dates, apartment or house number, etc. Finish with a call to action and sign the letter to make it official. Make a copy of the letter for yourself before sending it. So, if you find that your lease ended 3 months ago and you contact the leasing company and think that you can just end it now, you will experience a rude awakening. If you want to terminate the lease after this full year, the leasing company will tell you, „No problem, just buy back the remaining months plus a few early cancellation fees.“ My company operates a full range of Xerox, Konica Minolta, Lexmark and HP copiers and printers.
Large format printers kip and Canon. Fujitsu scanners, FP sending and postage devices, and Unibind binding devices. The situation is getting worse. With some leasing companies, if they don`t receive your letter of intent on time, they can not only charge you the same monthly payment, but they can also extend your lease for a full year. Most people believe that if they don`t want to keep the copier, the leasing company will contact them at the end of the lease and they can simply return it. Do not hesitate to notify me at any time for inspection or if you have any questions or concerns, do not hesitate to contact me by email at email@example.com or by phone at (323) 233-3232. I am writing this letter with my request to terminate our signed lease dated Friday, July 5, 2019 for the 2510 Wood Duck Drive property, Beaver, Ohio with a lease term of 3 years. .