Lease Bonus: Money paid to a mineral rights owner in exchange for granting a lease. This payment may be in addition to any rental or royalty payments.

 

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Lease Bonus: Money paid to a mineral rights owner in exchange for granting a lease. This payment may be in addition to any rental or royalty payments.

Press Release: A news announcement written by a property manager or advertising specialist highlighting a propertys features. Sent to local newspapers and real estate magazines to promote a property.

Predatory Release: Occurs when a predator species is removed from a prey species such as by great reduction in the predators population size or by the migration of the prey species to an area without major pre . . . View Full Definition

Percentage Lease: A lease, commonly used for commercial property, whose rental is based on the tenants gross sales at the premises. It usually stipulates a base monthly rental plus a percentage of any gross s . . . View Full Definition

Partial Release Clause: A mortgage provision under which the mortgagee agrees to release certain parcels from the lien of the blanket mortgage upon payment of a certain sum of money by the mortgagor. The clause is . . . View Full Definition

Proprietary Lease: A lease given by the corporation, which owns a cooperative apartment building to the shareholder for the shareholders right as a tenant to an individual apartment.

Quick Release (Terminal): A means for securing a wire conductor to a terminal connector that permits easy attachment and removal. In the usual form, this will involve a spring-loaded clip, which needs only to be pres . . . View Full Definition

Release Agreement: A type of legal written document executed by an employer and signed by an employee whereby the employee relinquishes certain rights in exchange for some form of consideration, such as a bene . . . View Full Definition

Release: (1) When spoken by someone involved in developing a game: Code release (game is declared final and is sent off for manufacturing). (2) When spoken by someone in Marketing or the media: Ship . . . View Full Definition

Reichian Release: This technique utilizes manipulation of the musculo-skeletal system to release emotional blockages from the body. It was established from the works of Wilhelm Reich, an Austrian psychoanalyst.