Variable Lease: Allows for increases in the rental charges during the lease period. One of the more common is the graduated lease which provides for specified rent increases at set future dates. Another is the index lease, which allows rent to be increased or decreased periodically based on changes in the consumer price index or some other indicator.

 

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Variable Lease: Allows for increases in the rental charges during the lease period. One of the more common is the graduated lease which provides for specified rent increases at set future dates. Another is . . . View Full Definition

Sandwich Lease: Another term used is sublease. This is when a tenant has a current lease with the owner of a property and then sublets the property to a third party. The tenant is then sandwiched between th . . . View Full Definition

Silicon Release Paper: Thin, heat resistant interleaving paper, used between a photographic print and textured material in a heated press. It allows remolding of the print surface yet prevents the two materials fr . . . View Full Definition

Sales-Type Lease: The leasing out of a firm's own equipment, such as a printing company leasing its own presses, thereby competing with an independent leasing company.