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A lease swap is the transfer of a lease from one person to another. After the swap is complete, the new lessee becomes fully responsible for the lease, as long as the transaction meets all of the lessor's requirements.
A car lease takeover also known as a lease transfer, lease swap or lease assumption gives you the opportunity to take on the remainder of someone else's lease.
A car lease swap, or transfer, is a transaction in which a vehicle that is subject to an auto lease is transferred from the current driver to a different driver. Along with taking on the running costs of the car, the new driver takes over the lease on the same terms as the original owner.
A lease takeover, also known as a lease assignment, occurs when a new tenant takes over the remaining term of a departing tenant's lease, with the approval of the landlord.