Rental lease

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Rental lease

Rental Lease

A lease whereby the lessee pays a certain amount of rent in exchange for use of a property; in exchange, the lessor agrees to provide maintenance and insurance for the property. It is also called a full-service lease.

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References in periodicals archive ?

However, there was more flexibility for retailers who had taken on new rental leases since January last year, with around two-thirds of agreements including monthly payment terms.

Landlords should be more flexible on rents

There will be a lot of small winners and a few big losers if stamp duty changes to rack rental leases announced in the Budget come into force.

At the moment, stamp duty on rack rental leases is based on the rental and the period of the lease.