Lease term

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.
References in periodicals archive ?
Barnes & Noble College Booksellers expanded their lease to 81,054 square feet and extended the lease term.
1 The lease transfers ownership of the property to the lessee by the end of the lease term.
21 /PRNewswire/ -- In a new Policy Bulletin released today, Phoenix Center scholars find that a lease term limitation may reduce private sector investment and inefficient use of the 2500-2690 MHz band of spectrum, which is currently used for the Broadband Radio Service (BRS) and the Educational Broadband Service (EBS).
3 million per year in rent during the initial lease term.
When you're paying cash, or would be satisfied keeping the equipment far beyond a normal lease term.
The initial lease payments under the initial S term equaled the loan's debt service; thus, the ruling did not mention any free cash-flow to X during the base lease term.
If the transaction allows for a renewal at the end of the original lease term, the renewal rate must be set at a fair rental value.
First, a lease is not a section 467 rental agreement if it specifies equal amounts of rent for each month throughout the lease term and all rent payments are due in the calendar year to which the rent relates (or the preceding or succeeding calendar year).
Factors that may affect capitalization rates are the lease term, options in the lease, rent steps in the lease, and the beta of the tenant's stock.
It is misleading to capitalize the minimum lease payments of true lease small-ticket assets with a short lease term that may be replaced by a new lease again and again.
6) a year-to-year lease required the corporate lessee to construct improvements with a life considerably longer than the lease term.
The vacancy rate depends on the typical lease term, the probability of renewal, and the lag vacancy.