leasing meaning
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Definitions &Translations Freebase (0.00 / 0 votes) Rate this definition: Leasing. Leasing is a process by which a firm can obtain the use of a certain fixed assets for which it must pay a series of contractual, periodic, tax deductible payments. The lessee is the receiver of the services or the assets under the lease contract and the lessor is the owner of the assets. The relationship between the tenant and the landlord is called a tenancy, and can be for a fixed or an indefinite period of time. The consideration for the lease is called rent.
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Commercial Real Estate Leasing Definitions We hope you find this glossary of terms helpful. A lease in which there is a provision for the tenant to pay, in addition to rent, certain costs associated with the operation of the property. These costs may include property taxes, insurance, repairs, utilities, and maintenance. There are also “NN” (double net) and “NNN” (triple net) leases.
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Landlord/Tenant Handbook THE LEASE. A lease is a legally binding contract between a landlord and a tenant which grants the tenant possession and use of the landlord’s property for a given period of time. The lease sets forth the terms of possession, such as rent, length of time of possession and rules governing tenancy.
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Lease Broadly put, a lease agreement is a contract between two parties, the lessor and the lessee. The lessor is the legal owner of the asset, the lessee obtains the right to use the asset in return for rental payments.The narrower term rental agreement can be used to describe a lease in which the asset is tangible property.Language used is that the user rents the land or goods let or rented out by the owner.The verb to lease is less precise because it can refer to either of these actions.he narrower term rental agreement can be used to describe a lease in which the asset is tangible property. Language used is that the user rents the land or goods let or rented out by the owner. The verb to lease is less precise because it can refer to either of these actions.
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Contents: Lease vs Rent Diffen › Finance › Personal Finance. In real estate, a lease is a contract for a specific period of time — often 6 or 12 months — after which the contract expires, while rent is the payment made under the terms of the lease. Real estate leases are also commonly known as rental agreements..
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lease (liːs) n. 1. (Law) a contract by which property is conveyed to a person for a specified period, usually for rent. 2. (Law) the instrument by which such property is conveyed. 3. (Law) the period of time for which it is conveyed. 4. a prospect of renewed health, happiness, etc: a new lease of life. vb (tr)
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Tenants with Leases A lease is a written agreement between a landlord and a tenant that sets the amount of rent and the length of time of your tenancy. For example, if you sign a one-year lease for an apartment with rent of $950 a month, you agree to pay the landlord $950 every month for one year.
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Definition of 'lease' lease. 1  a contract by which one party (landlord, or lessor) gives to another (tenant, or lessee) the use and possession of lands, buildings, property, etc. for a specified time and for fixed payments. 2  the period of time for which such a contract is in force: a two-year lease. 3  the property that is leased.
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- Related Terms: Automobile Leasing. A lease is in essence an extended rental agreement under which the owner of the equipment allows the user to operate or otherwise make use of the equipment in exchange for periodic lease payments.In leasing terminology, the owner is the lessor, the user is the lessee. lease is in essence an extended rental agreement under which the owner of the equipment allows the user to operate or otherwise make use of the equipment in exchange for periodic lease payments. In leasing terminology, the owner is the lessor, the user is the lessee.
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Difference Between Lease and Rent The lease has been defined as a contractual agreement between two parties, the lessor and the lessee whereby the lessor buys the asset and grants the lessee, the right to use the asset over a specified period, against periodical lease rentals.
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- An androstenedione level may be used to: 1  Evaluate adrenal gland function and to distinguish between androgen-secreting conditions that are caused by the adrenal glands from those that originate in the ovaries or testicles, if results of DHEAS and testosterone testing are abnormal.ndrostenedione concentrations increase in boys undergoing puberty, for about two years prior to significant increases in testosterone. Androstenedione levels are not usually used to monitor this process. Adrenal androstenedione is the major source of androgens for postmenopausal women.
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What Does It Mean to Sublease? What Does It Mean to Sublease? A sublease, like a lease, is an agreement to allow a person or company to occupy real estate in return for regular rent payments. In a sublease, the tenant leasing from the original landlord in turn leases it to another tenant, who then occupies the property or part of it.
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rent Verb. ( 1 transitive) To occupy premises in exchange for rent. ( 2 transitive) To grant occupation in return for rent. ( 3 transitive) To obtain or have temporary possession of an object (e.g. a movie) in exchange for money. ( 4 intransitive) To be leased or let for rent. The house rents for five hundred dollars a month.
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What is a 'Capital Lease' What is a 'Capital Lease'. A capital lease is a contract entitling a renter to a temporary use of an asset, and such a lease has economic characteristics of asset ownership for accounting purposes. The capital lease requires a renter to add assets and liabilities associated with the lease if the rental contract meets specific requirements.
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tenant Definition of tenant for English Language Learners. : a person, business, group, etc., that pays to use another person's property : someone who rents or leases a house, apartment, etc., from a landlord.
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Commercial Real Estate Leasing Definitions We hope you find this glossary of terms helpful. Net Lease: A lease in which there is a provision for the tenant to pay, in addition to rent, certain costs associated with the operation of the property. These costs may include property taxes, insurance, repairs, utilities, and maintenance. There are also NN (double net) and NNN (triple net) leases.
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- lease. n. 1. A contract granting use or occupation of property during a specified period in exchange for a specified rent or other form of payment. 2. The term or duration of such a contract. tr.v. leased, leas·ing, leas·es. 1. To grant use or occupation of under the terms of a contract. 2. To get or hold by such a contract. a new lease on life. An opportunity to improve one's circumstances or outlook.
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- n (of land, farm, business premises etc) → Pacht f; (= contract) → Pachtvertrag m; (of house, flat, office) → Miete f; (= contract) → Mietvertrag m; (of equipment) → Leasing nt; (= contract) → Leasingvertrag m; the lease was prematurely terminated → die Pacht or das Pachtverhältnis/das Mietverhältnis wurde vorzeitig beendet; to take a lease on a house → ein Haus mieten; to take a lease on business premises → ein Geschäft(sgrundstück) nt → pachten; to take a house on a ...
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Agricultural Leases: An Overview Even though leases may vary in form, a lease is a contract that is implied through the parties’ actions, expressed through a written document or created through oral communications. The lease creates a situation, with the landlord being the lessor and the tenant the lessee.
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- lease definition. A contract that grants possession of property for a specified period of time in return for some kind of compensation.
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Finance lease According to AASB 117, paragraph 4, a lease is: an agreement whereby the lessor conveys to the lessee in return for a payment or series of payments the right to use an asset for an agreed period of time.
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LEASE The verb RENT has 4 senses: 1. let for money. 2. grant use or occupation of under a term of contract. 3. engage for service under a term of contract. 4. hold under a lease or rental agreement; of goods and services. Familiarity information: RENT used as a verb is uncommon.
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- DEFINITION of 'Leasehold'. An accounting term used to classify an asset on a company's balance sheet that is leased. In order to be classified as a leased asset, the firm must enter into a lease agreement that is an operating lease, and not a capital lease.
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- A lease guarantees the lessee (the renter) use of an asset and guarantees the lessor (the property owner) regular payments from the lessee for a specified number of months or years. A legal document outlining the terms under which one party agrees to rent property from another party. A lease guarantees the lessee (the renter) use of an asset and guarantees the lessor (the property owner) regular payments from the lessee for a specified number of months or years.
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Lease Broadly put, a lease agreement is a contract between two parties, the lessor and the lessee. The lessor is the legal owner of the asset; the lessee obtains the right to use the asset in return for regular rental payments. The lessee also agrees to abide by various conditions regarding their use of the property or equipment.