This is a fee you pay at the end of the lease, to the lessor, that covers the lessor's cost of getting the vehicle ready for sale after you have returned the vehicle. It is often applied against any deposit you made at lease inception.
The fee charged by the lessor if the lessee does not purchase the vehicle at lease-end, for costs associated with preparing the vehicle for resale and selling the vehicle. The disposition fee must be disclosed in the lease agreement.
This is very important for consumers to understand before signing the lease. A "disposition fee" is defined also as a reconditioning fee, end-of-term fee or a termination fee. It's a charge, usually no more than $500, that must be paid upon termination of the contract. If the consumer has a security deposit, the disposition fee could be taken from that and the consumer will be billed for the remaining balance, if any remains.
A fee charged by many leasing companies at the end of the lease term. It is intended to cover the company's expenses related to re-selling the returned vehicle. May be negotiable at lease initiation. Also called a Termination Fee.
"Workout fees" paid to a special servicer for making a loan current or liquidating a problem loan or foreclosed property. Can also include late fees, modification fees and loan administration charges. These fees are negotiated with each CMBS.