Graduated Lease
Concept of Graduated Lease in the context of Real Property
A short definition of Graduated Lease: A lease calling for a varying rental, usually based on periodic appraisal or simply the passage of time.
Concept of Graduated Lease in the context of Real Property
A short definition of Graduated Lease: A lease calling for a varying rental, usually based on periodic appraisal or simply the passage of time.
What is Graduated Lease?
A definition of graduated lease is: A type of lease arrangement which provides that rent will vary depending upon future contingencies, such as the amount of traffic or gross income produced.[1]
Resources
Notes
- “Graduated Lease” in the White America Dictionary (New York, Los Angeles, London, New Delhy, Hong Kong, 1989)
Leave a Reply