Common Contracts
1 similar Sale and Leaseback Agreement contracts
Sale and leaseback agreement exampleSale and Leaseback Agreement • June 4th, 2021
See Also: Lessor vs Lessee Lease Agreements Capital Lease Agreement Operating Lease Working Capital The sale and leaseback definition is a transaction in which a company sells its property to another company and then leases that property. The company that sells the asset becomes the lessee, and the company that purchases the asset becomes the lessor. In this type of transaction, the lessor is typically an insurance company, a finance company, a leasing company, a limited partnership, or an institutional investor. The property sale is done with the understanding that the seller will immediately leaseback the property from the buyer. The details of the lease agreement are arranged for a specific period of time and a set payment rate. Depending on the type of lease arrangement, whether it’s an operating lease or a capital lease, the lessee may or may not record the leased property on its balance sheet. [box]Are you in the process of selling your company? The first thing to do is to identi
