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I'Anson argues that every party in a lease option should do due diligence on the company they are dealing with.
It takes considerable time for restaurateurs to round up investors, lock in a lease and nail down contractors.
Avation, an aircraft leaser, has revealed that the Chinese airline involved in a lease deal is Shenzhen, a subsidiary of Air China, one of the largest Chinese airlines.
A list of "recoverable expenses" in a lease often excludes changes to heating, lighting and insulation that can make a building more energy-efficient and pleasant for tenants.
Under the deal, Prime Hospitality said it would buy ShoLodge's interest in a lease for 20 hotels owned by Hospitality Properties Trust.
Borrowers or tenants interested in a lease must be able to document that the new market rental rate is no more than 31percentt of their gross income.
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The university is in a lease-to-own agreement with Sora Development for the dormitories, bookstore and classrooms.
Xerox owns the 25 acres on which the 255,000-square-foot building stands and Stamfex Associates of Manhattan owns the building, which it bought from Xerox in a lease-back arrangement in 1984.
(In a lease-back plan, a soon-to-be-foreclosed-upon homeowner would lose the deed to his home to the lender, but would be able to stay in the home and pay market rent for some period of time, at the end of which he could, if he wanted to, buy back the home at the market price).
Ms. Gunsaulis whips all of it up in a leased restaurant kitchen.
In 2007, they set up BrewDog in a leased building in the tiny town of Fraserburgh (population: 13,140).
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