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Lease or rental definition

Lease or rental means the leasing or renting of tangible personal property and the possession or use
Lease or rental means any transfer of possession or control of tangible personal property for a fixed or indeterminate term for consideration. A "lease or rental" may include future options to purchase or extend.
Lease or rental means any transfer of possession or control of tangible personal property for a fixed or indeterminate term for consideration and may include future options to purchase or extend. This definition applies only to leases and rentals entered into after September 1, 2004 and has no retroactive impact on leases and rentals that existed on that date. Lease or rental does not include the following subparagraphs (i) to (iii) and includes subparagraph (iv):

Examples of Lease or rental in a sentence

  • Lease or rental arrangement existing before the date of disaster shall be used to determine an eligible producer.

  • Lease or rental agreements are required between the transitional housing project and the household.

  • Lease or rental" means any transfer of possession or control of tangible personal property for a fixed or indeterminate term for consideration.

  • If Tenant(s) vacate the rental unit before the Lease or rental agreement has ended, Tenant(s) shall remain responsible for the entire rent of the unit until it is fully re-rented or until the end of the Lease, whichever comes first.

  • Owner may not terminate the tenancy or refuse to renew the Lease or rental agreement of Tenant except for good cause, which includes, but is not limited to, serious or repeated violations of the material terms and conditions of the Lease or house rules, or a violation of applicable federal, state, or local law.


More Definitions of Lease or rental

Lease or rental means the leasing or renting of tangible personal property and the possession or use thereof by the lessee or renter for a consideration, without transfer of the title to such property.
Lease or rental means any transfer of possession or control of tangible personal property for
Lease or rental means any transfer of possession or control of tangible personal
Lease or rental means any transfer of possession or control of tangible personal property for a fixed or indeterminate term for consideration. A lease or rental may include future options to purchase or extend. (1) Lease or rental does not include: (A) A transfer of possession or control of property under a security agreement or deferred payment plan that requires the transfer of title upon completion of the required payments;
Lease or rental means any transfer of possession or control of tangible personal property for a fixed or indeterminate term for consideration and may include future options to purchase or extend. This definition applies only to leases and rentals entered into after the effective date of the amendatory act that added this section and has no retroactive impact on leases and rentals that existed on that date. Lease or rental does not include the following:
Lease or rental means any transfer of possession or control of tangible personal property for a fixed or indeterminate term for consideration and may include future options to purchase or extend. This definition applies only to leases and rentals entered into after September 1, 2004 and has no retroactive impact on leases and rentals that
Lease or rental means a transfer, for consideration, of the use but not the ownership of property to another for a period of time. [G.S. Sec. 105-164.3(7a)]