Long-Term Lease

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Long-Term Lease

A lease for longer than one, five or 10 years, depending on the specific asset being leased. For example, commercial property usually has long-term leases for five or more years, while residential property often carries long-term leases for more than one year. A long-term lease locks in the price one pays for the asset, which is usually advantageous because prices often trend upward. However, long-term leases offer little flexibility. For example, one may have to pay significant penalties if one cancels a long-term lease. One humorous example of a long-term lease is the Guinness brewery in Ireland, which Arthur Guinness rented for 9,000 years for 45 pounds per year.
References in periodicals archive ?
In this article, we look at how education investors in Dubai and Abu Dhabi can use a Musataha right or a long term lease right to develop school facilities and we discuss the advantages of each property right and the other options available for foreign investors based on the rules of property ownership for foreigners.
* Lois Law Firm has signed a 12,500 s/f long term lease.
Air Lease Corporation (AL) announced today that it has entered into 12 year long term lease agreements with Air China for 13 new jet aircraft delivering in 2013 and 2014 which consist of nine (9) new Boeing 737-800s and four (4) new Airbus A321-200s.
Perfect books & records.Visa qualified.Seller will provide long term lease.For $75k the new owner will own the key rights to the franchise,complete use of all assets & a long term lease+clients
In our opinion, a Use and Residence right is similar to a long term lease since it relates to use and residence.
the Schultz team completed a 33,000 s/f long term lease for First Trade Show and;
The Schultz team completed a 33,000 s/f long term lease for First Trade Show, a trade show supplier, in Piscataway at Murray Construction's planned flex park.
New Street Realty Advisors, LLC is pleased to announce the lease transaction between Bradhurst Apartments, LLC, the owners of 2785 Frederick Douglass Blvd., and The Arts Horizons LeRoy Neiman Center in a long term lease transaction.
WDF, NYC's leading plumbing and mechanical contractor services company signed a long term lease for 28,500 s/f at 718 South Fulton Ave., Mt.
* A long term lease with shirt maker, Van Heusen, for 3,500 s/f of space in Levittown Mews, Levittown, New York.