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Sale and lease back |
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Sale and lease backSale of an existing asset to a financial institution that then leases it back to the user. Related: Lease.Sale and lease back Similar MatchesBreak even lease paymentBreak even lease paymentThe lease payment at which a party to a prospective lease is indifferent between entering and not entering into a lease arrangement. Lease 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. LeaseLeaseA contract in which the legal owner of property or other asset agrees to another person using that property or asset in return for a regular specified payment (known as rent) over a set term. In addition to buildings, other items such as cars and computers are often leased in order to avoid capital costs in the running of a business. Lease backLease 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. Gross leaseGross leaseA type of property lease in which the lessor (owner of the property being leased) pays expenses associated with ownership such as damages, taxes, and insurance. Further SuggestionsGround leaseRelease Lease acquisition cost Full payout lease Graduated lease Operating lease Leaseback equity release scheme Lease Financial lease True lease Safe harbor lease leasehold land Rental lease Net Lease Leasehold Leasehold improvement Open end lease Triple net lease Leveraged lease Gross Lease Deeds release fee Lease purchase agreement Net lease Capital lease |
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