Tag: lease

Implicit Rental Rate

Implicit Rental Rate What is 'Implicit Rental Rate' The opportunity costs that a firm incurs as a result of using their own...

Implied Warranty Of Habitability

Implied Warranty Of Habitability What is 'Implied Warranty Of Habitability' An unstated guarantee that a rental property meets basic living and safety...

Implied Warranty

DefinitionIn common law jurisdictions, an implied warranty is a contract law term for certain assurances that are presumed to be made in the sale...

Abandonment Clause

Abandonment Clause What is 'Abandonment Clause' A clause in a property insurance contract that, under certain circumstances, permits the property owner to...

Accelerated Payments

Accelerated Payments What is 'Accelerated Payments' A term associated with making additional unscheduled payments on a loan at predetermined, or random intervals....

Lease

DefinitionA lease is a contractual arrangement calling for the to pay the lessor for use of an asset. Property, buildings and vehicles are common...

Sandwich Lease

Sandwich Lease What is 'Sandwich Lease' A lease in which a party rents property from the property owner and then subsequently leases...

Cancellation Provision Clause

Cancellation Provision Clause What is 'Cancellation Provision Clause' It is a provision in an insurance policy that permits an insurer or an...

Cancelable Insurance

Cancelable Insurance What is 'Cancelable Insurance' This is insurance that may be canceled, at any time, by the insured party or by...

Fair Market Value Purchase Option

Fair Market Value Purchase Option What is 'Fair Market Value Purchase Option' The right but not the obligation to buy a leased...

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