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Lease back |
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Lease backA situation whereby a property is sold by its owner to another person or company on condition that the purchaser leases the property back to the original owner for an agreed rent over a set term. This enables the original owner to raise capital which can be used for other purposes.Similar MatchesLease With Option To PurchaseLease With Option To PurchaseA lease under which the lessee has the right to purchase the property. The price and terms of the purchase must be set forth for the option to be valid. The option may run for the length of the lease or only for a portion of the lease period. Legal Description: A description by which property can be definitely located by reference to surveys or recorded maps. Sometimes referred to simply as the legal. Direct leaseDirect leaseContract in which a lessor purchases new equipment from the manufacturer and leases it to the lessee. Equity releaseEquity releaseEquity release or home income schemes allow you to generate either a lump some or a regular income in return for allowing the lender to take ownership of a portion of your home. These are often used by people in later stages of life who have paid of all or most of their mortgage and who are looking to raise funds without borrowing money. Gross LeaseGross LeaseA lease which obligates the lessor to pay all or part of the expenses of the leased property, such as taxes, insurance, maintenance. utilities, etc. Triple net leaseTriple net leaseA lease providing that the tenant pay for all maintenance expenses, plus utilities, taxes, and insurance. This results in lower risk for investors, who usually form a limited partnership. Further SuggestionsFull payout leaseGround lease Lease acquisition cost Release clause Safe harbor lease Open end lease Leveraged lease Release leasehold land lease Lease Graduated lease Rental lease Net lease Leasehold P Partial Release Lease Financial lease Capital lease equity release scheme Net Lease Lease purchase agreement Lease rate Gross lease Break even lease payment |
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