Definitions of Lease
- An agreement in which one party gains a long-term rental agreement, and the other party receives a form of secured long-term debt. The party gaining the long-term rental can also be said to have a lease hold interest in the property. This definition of Lease contributed by James Boyer.
© Copyright 2004-2007, Real Estate Webmasters - Professional Real Estate Web Design Feeds / Sitemaps: - Forum RSS, Blogs Sitemap