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sale leaseback |
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sale leaseback The simultaneous purchase of a piece of property and the lease of the same property back to the former owner.This practice is common with professional associations, such as doctors and lawyers,who wish for a core group of senior partners to own the real estate despite the entrance and exit of other partners in the business. Other times, banks or other owners with long-term plans will sell their property to investor groups and sign long-term leases. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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