property. A leasehold is generally treated like a certain degree of ownership of a property, in that it is considered a fixed asset and can be used as such in attaining credit or a loan. The owner can also be expected to pay a leasehold excise tax, which takes the place of property ...
Additionally, because they technically own the leasehold improvements, landlords may be able to repurpose tenant improvements down the line, depending on the needs of future leaseholders. Types of leasehold improvements Now that we’ve answered the question “What are leasehold improvements?”, let's...
What is another word for lessee? In this page you can discover 19 synonyms, antonyms, idiomatic expressions, and related words for lessee, like: renter, boarder, rentee, tenant, lessor, mortgagor, transferor, leaseholder, mortgagee, assignor and freeholder. What is lessor contribution? Lessor Con...
A leasehold deed of trust combines a leasehold and a deed of trust. This document is used by companies that lease a property for a long-term period; the time period can vary, but it is typically for 20 years or more. The company leasing the land builds a structure on the property, bu...
If you don’t have a loan, you can use the claim check as you see fit. But what if the vehicle wasn’t totaled and can be repaired? Receiving a two-party check for repairs can be a bit of a burden. You will need to get the lienholder (or leaseholder, if it is a lease) to...
What is another word forholders? Needsynonyms for holders? Here's a list ofsimilar wordsfrom ourthesaurusthat you can use instead. Contexts▼ Plural for a person that owns or has possession of something Plural for a device or implement for holding, supporting or hanging something ...
Leasehold: Unlike a freeholder, as a leaseholder you own the property BUT NOT the land on which it is built – thatis owned by the freeholder. Ownership of your property is also for a set period, which can be a number of years, decades or centuries, depending on the length of your le...
A condominium is a form of home ownership in which individual units of a larger complex are sold, not rented. These units may be renovated apartments, townhouses or even commercial warehouses. Any multi-unit structure can 'go condominium', meaning occupants must either vacate the premises or...
As a lessor, he owned several rental units. 10 Lessee A leaseholder The lessee renewed the lease for another year. 6 Lessor A rent collector The lessor raised the rent this year. 9 Lessee A contractual occupant The lessee received a notice for lease termination. 5 Lessor A property manager...
In addition, the issuance of corporate bonds must pay interest on time and form a certain financial pressure on enterprises. The risk of this financing channel is relatively high. Financing lease financing Financial leasing refers to the leasing paction provided by the leaseholder's financing funds...