Lease term

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Lease term

The life of a lease, including any renewal options.

Lease Term

The interval between the time a lease goes into effect and its expiration. This applies to both open-end leases and close-end leases. For example, one may rent an apartment (usually open-end) with a 12 month lease term, or one may lease a car (generally close-end) with a five year lease term. The lease term may or may not be renewed, depending on the type of lease and the agreement between the parties.

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The UMass Building Authority, or UMBA, announced that it has entered into definitive documents with Accordia Partners and an affiliate of the Real Estate Group of Ares Management on lease terms for the 20-acre site that had previously housed the Bayside Expo Center.

UMBA announces agreement with Acordia and affiliate of Ares Management

On the effective date of the proposed standard, operating leases must be recorded and reported as capital leases based on minimum lease payments over their remaining lease terms. It does not require lessees to restate existing capital leases to comply with the new standard.

Accounting for leasing transactions: the times they are a-changing

The lease terms of the properties to be acquired by W.

W.P. Carey merger gives investors slice of $2b pie

Landlords are becoming more occupier friendly and are showing an increasing willingness to make lease terms more flexible, according to a survey carried out by the CBI and property advisers GVA Grimley.

Landlords are more occupier-friendly

It includes information on adapting clauses to specific situations and negotiating favorable lease terms, techniques and strategies on structuring lease deals, and data on the latest court rulings affecting lease agreements.

"Commercial Lease Law Insider" from Brownstone Publishers

In an effort to attract tenants to available commercial space, landlords often provide extraordinary benefits or favorable lease terms. Called rent inducements, these are clauses in a lease agreement that landlords provide in an effort to attract future tenants to lease available property.

Rent inducements and the TRA '97

Generally, if a lease comes under section 467, the lessor and the lessee must account for the rental income and deductions in accordance with the lease terms. If any rental payments are due after the end of a rental period, interest must be attributed to these payments on a present value basis; as such, a portion of the lease payments may be recharacterized as interest over the lease term.

Rent holidays no picnic for lessors

"His ability to easily compare lease terms of similar surrounding properties enabled smooth negotiations."

Firm shows faith in Queens

However, a look at equipment operating lease statistics only shows that the vast majority of the transaction volume is comprised of small and mid-sized transactions of less than $250,000, with average lease terms of less than four years, whose capitalized value would be less than 0.4 percent of assets and 1.2 percent of debt.

Lease accounting: are current rules as bad as some say?

Pressure on the commercial letting market has seen landlords become more adaptable and realistic in formulating lease terms that match the needs of particular businesses.