tenant or lessee maybe landlord
A leasing package wherein the lessee sells presently-owned equipment to the lessor to convert fixed asset into cash with the lessor allowing the lessee to retain the full use of the property for a fee over a specified period of time.
Wrong. If the lessee sells equipment to someone else that does not belong to him then it becomes stolen equipment. Then the buyer is in possession of stolen equipment. If the buyer knows or should know that the equipment is stolen, he is committing a felony. It is punishable by time in prison. The material is returned to the original owner.
Your best strategy is to work with your broker -- whether you are the owner or the lessee, or the sub-lessee -- to determine the coverage available under the owner's HO-6 policy. Since all governing documents define ownership boundaries differently, and all master policies define coverage differently, as do HO-6 policies, getting a specific answer to your specific question is strongly suggested. In these matters, there are no standards.
Finance Lease is a transaction whereby the owner (lessor) grants to another party (lessee) the rights of use to property for a fee over a specified period of time.
The lessee's right to recover the short working is related to the amount of shortfall in the actual mineral production compared to the amount specified in the lease agreement. This right is typically outlined in the terms of the lease agreement and allows the lessee to recoup the value of the missing minerals or seek compensation from the lessor.
terms of agreement
The plural of lessee is lessees.
No. Only the landowner or lessee may hunt on a gratis permit unless the landowner or lessee transfers the gratis permit to an immediate family member. Immediate family member is described as a spouse or child.
lessor is the owner of property
co-lessee
Any owner or lessee of real property within a community where a proposed disaster has occurred.
If the lesse leaves it, then it belongs to the landlor/lessord. If the lessee removes it, then it belongs to the lessee. In either case, the lessee may be liable for any damage caused by screwing anything to the wall without permission. Your lease or other agreement may certainly specify otherwise.
One of the best antonyms for the word lessee would be landlord. Lessee would be the person renting so the opposite would be the person who is offering the place to rent.
The Lessor is the finance company. The lessee is the person leasing the vehicle from the finance company
The ownership of a lease typically lies with the person or entity that holds the lease agreement, also known as the lessee. The lessee is granted the right to possess and use the property for a specific period of time as defined in the lease agreement. The owner of the property, known as the lessor, retains legal ownership but grants certain rights to the lessee for the duration of the lease.
The lessor has income producing property available and the lessee needs to rent residential or commercial space.