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Related to lessee: lessor
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  • noun

Synonyms for lessee

a tenant who holds a lease


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References in periodicals archive ?
Members of the Federal National Council on Tuesday approved a draft law on finance leases - a type of lease in which banks and finance companies are typically the legal owners of assets for the duration of the lease, while the lessees not only have operating control over the assets, but also have a substantial share of the economic risks and returns from the change in the valuation of the underlying assets.
This first step for any analysis by a lessee or lessor is to determine if a lease exists within the scope of the new guidance.
The Avison Young Investment Sales team, comprising Principals, Vincent Carrega, Jon Epstein, Neil Helman and Charles Kingsley will manage the assignment to procure a net lessee on behalf of ownership.
Currently, it is the lessee in a capital lease that reports the underlying asset, not the lessor, which reports only the related receivable (just as though the lessee had purchased the underlying asset from the lessor).
110(a) allows a lessee to exclude from income the amount of a qualified construction allowance received from a landlord to the extent the allowance does not exceed the actual costs incurred to improve the leased space.
However, if the lessor refuses to pay the fees, the lessee may register the lease and deduct the registration fees from the rent.
1 The lease transfers ownership of the property to the lessee by the end of the lease term.
To help lessees better understand the leasehold system and how it works, the Association of Residential Managing Agents (ARMA) and the Leasehold Advisory Service (LEASE) have updated and re-launched one of their key guidance booklets: Living in Leasehold Flats.
A capital lease is, in effect, a loan which is paid off over the life of the lease through rent, or with a bullet payment at the end or a combination of the two, and the lessee takes on the asset risk.
If a lessee is going away for more than 48 hours then they should turn off the water at the stopcock in the flat.
A lease is a contractual agreement that (1) conveys to the lessee the right to use property legally owned by the lessor and (2) obligates the lessee to compensate the lessor for the use of the property.
Co-owners can agree to require a fellow co-owner to offer its ownership interest for sale to the other co-owners, the sponsor or the lessee at fair market value (FMV) before exercising any right of partition.
Each lease provided that after five years the lessee would have an option to purchase the property pursuant to a formula set out in the lease.
While paragraph 31 and the example it contains are correct from a technical standpoint, they are not illustrative of the common industry practice of the lessee arranging for repairs.
The lessee is a substantial wholly-owned subsidiary of a large publicly-held conglomerate, but the lessee's parent is not a party to the deal.