A lease is an agreement outlining the terms under which one party accepted to rent the property owned by another party. Leases are classified into various types on the basis of its variation in the terms provided in the lease deed. The most common and popularly listened leases are the:
A lease is an agreement outlining the terms under which one party accepted to rent the property owned by another party. Leases are classified into various types on the basis of its variation in the terms provided in the lease deed. The most common and popularly listened leases are the:
A lease is a very important option of financing for an entrepreneur having no or insufficient money for financing the initial investment required for his business. The lessor finances the asset and the lessee uses it in exchange for agreed & fixed lease payments. This type of lease is known as finance lease. There are various types of arrangements for various situations and they have been classified accordingly. Variation in the terms provided in lease, classifies it into different types. Elements which classifies them are as follows:
A lease is a very important option of financing for an entrepreneur having no or insufficient money for financing the initial investment required for his business. The lessor finances the asset and the lessee uses it in exchange for agreed & fixed lease payments. This type of lease is known as finance lease. There are various types of arrangements for various situations and they have been classified accordingly. Variation in the terms provided in lease, classifies it into different types. Elements which classifies them are as follows:
Location of the lessee, lessor and the equipment supplier.
Here, the rewards means the cash flow which is generated by the use of the asset or the equipment and risk means the chance of technological disuse. Let’s have a look to different types of lease with brief notes on each of them.
