If the financing lease object is sold, is the contract still valid?
During the financing lease period, the ownership of the leased item belongs to the lessor. If the lessee sells it without authorization, it constitutes an unauthorized disposition. The validity of the sales contract is related to the lessor's subsequent approval. Bona fide acquisition may transfer ownership, but the lessee must bear responsibility. This is determined by Articles 735 and 745 of the...
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