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DISCLAIMER:
Please note that each specific leasing company sets their own fees and/or penalties concerning lease end responsibilities and assumptions such as but not limited to: wear and tear issues, lease transfer fees, vehicle turn in, security deposit refunds, and potential excess mileage. It is the responsibility of the person leasing the vehicle at lease termination (theindividual taking over the lease) to be aware of these specific lease company policies and guidelines. JM leasing recommends contacting your local department orbureau of motor vehicles for questions pertaining to taxes in a lease transfer transaction.
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