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What does LA stand for?

LA stands for Lease Assumption

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Samples in periodicals archive:

Car lease: auto lease transfer marketplace, how auto leasing transfers works to get out of auto leases and have a lease assumption or take short term car leases and...
A lease assumption allows one person to assume an in-process lease from another person. For example, if your neighbor had 18 months left on his car lease, and you...
Benefits of a lease assumption. For buyers, assuming a car lease can be a good deal, although it's not without hazards. "One of the main reasons to assume a lease is...