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Related to lease: Rental lease


n 1. a conveyance of lands or tenements to a person for life, for a stated number of years, or at will, in consideration of rent or some other recompense.
2. any agreement that gives rise to a landlord and tenant relationship.
References in classic literature ?
Vith the bills for the lease, and that, there's eleven hundred and eighty pound here.
The Journalist then recites the complaint of the injured Allan Stewart, Commendator of Crossraguel, to the Regent and Privy Council, averring his having been carried, partly by flattery, partly by force, to the black vault of Denure, a strong fortalice, built on a rock overhanging the Irish channel, where to execute leases and conveyances of the whole churches and parsonages belonging to the Abbey of Crossraguel, which he utterly refused as an unreasonable demand, and the more so that he had already conveyed them to John Stewart of Cardonah, by whose interest he had been made Commendator.
The ultimate issue of this affair does not appear; but as the house of Cassilis are still in possession of the greater part of the feus and leases which belonged to Crossraguel Abbey, it is probable the talons of the King of Carrick were strong enough, in those disorderly times, to retain the prey which they had so mercilessly fixed upon.
Tulkinghorn comes and goes pretty often, there being estate business to do, leases to be renewed, and so on.
The manual is an in-depth review of the entire leasing phenomenon and some of the other items explained in detail include learning how to negotiate a lease, learning the best time to lease, leasing without paying the first month's lease payment and leasing without paying a security deposit.
Forty-six percent of executives said that this issue represented significant challenges for their company that could lead to a loss of confidence in the information gathered in the lease administration system," said Keturah Bay, senior manager, Deloitte FAS's Lease Advisory Services practice.
Weak performance of existing ABS transactions in 1999-2002, coupled with the lower originations of new lease assets, translated into a decline of total auto retail lease ABS issuance levels, from the $4.
Exhibit 2, page 38, companies a business's purchase and lease of an automobile.
The lease is part of a sale-leaseback, and there is a tax avoidance motive.
In most lease financing (other than a warranty of good title), the lessor will disclaim every type of warranty, representation or obligation on its part.
One of the country's premier leasing research firms, LRI will provide a full report of the quality of the lease contracts currently in place and, if necessary, offer suggestions on how they can be improved.
They contended, however, that Madison's conduct in repeatedly accepting late rent payments constituted a waiver of the rent payment provision of the lease that required payment to be made by the first of each month.