Leased fee definition

Leased fee and "leased fee interest" means all of the interests of the fee owner, lessor, and all legal and equitable owners of the land which is leased, other than the lessee's interest as defined by this chapter.
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Leased fee and "leased fee interest" means all of the interests of the fee simple owner, lessor, and all legal and equitable owners of the land that is leased other than the lessee's leasehold interest.
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Leased fee or "leased fee interest" means reversionary interests of the fee owner, lessor, and all legal and equitable owners of land that are leased, other than the lessee's or a sublessee's interest.
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Examples of Leased fee in a sentence

  • Black’s Law Dictionary (Garner 2014) defines leasehold as, “a tenant’s possessory estate in land or premises… .” The terms are used as follows: • Leased fee.

  • Leased fee interest is defined as “The ownership interest held by the lessor, which includes the right to receive the contract rent specified in the lease plus the reversionary right when the lease expires.”52 The subject’s lease is not applicable to the true cash value because the lease was not proven to be supported by the relevant market.

  • Interest Appraised: Leased fee estate Date of Value: July 1, 1997 Date of Inspection: June 15, 1997 Ownership: R, F & P Land II, Inc.

  • Please indicate the number of jobs for which you have provided appraisal services within at least the last TWO years in the following categories: Fee valuations Leased fee valuations Leasehold valuations Ground rent reopenings Easements Remnants Arbitration services3.

  • Our understanding of the key role played by phosphorus (P) in the eutrophication of surface waters began in 1964 when the Governments of the United States and Canadarequested the International J oint Commission (IJ C) to inquire into the pollut ion of the lower St. Lawrence Great Lakes.

  • Leased fee estate: An ownership interest held by a landlord with the right of use and occupancy conveyed by lease to others; the rights of lessor or the leased fee owner and leased fee are specified by contract terms contained within the lease.

  • A November 6, 2014 appraisal of the Property valued the Industrial Facility (with all improvements and equipment) as follows: Leased fee interest of Property: $11,200,0001 Equipment (cranes and paint/blast booths):2 $ 758,165 TOTAL: $11,958,165 As of the Petition date, the Debtor had approximately $53,882 cash on hand.


More Definitions of Leased fee

Leased fee means the interest remaining in one who has granted possession and occupancy to another for a designated term under a lease contract. Generally, it is the interest of the owner in his property after it has been leased.
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Related to Leased fee

  • Rental Fee A fee charged by the Contractor for the rental of a compactor or roll-off container.

  • Contract Fee means the price, fee, rent, or royalty payable in a contract under this chapter or

  • Base Lease means the Base Lease Agreement delivered concurrently with this Lease between the Company and the Issuer.

  • Renewal Fee means the fee that Borrower must pay Coast upon renewal of this Agreement pursuant to Section 9.1 hereof, in the amount set forth on the Schedule.

  • Management Fee shall have the meaning set forth in Section 10(a).

  • Leasing Costs means, with respect to a particular Lease, all capital costs, expenses incurred for capital improvements, equipment, painting, decorating, partitioning and other items to satisfy the initial construction obligations of the landlord under such Lease (including any expenses incurred for architectural or engineering services in respect of the foregoing), “tenant allowances” in lieu of or as reimbursements for the foregoing items, payments made for purposes of satisfying or terminating the obligations of the tenant under such Lease to the landlord under another lease (i.e., lease buyout costs), relocation costs, temporary leasing costs, leasing commissions, brokerage commissions, legal, design and other professional fees and costs, in each case, to the extent the landlord is responsible for the payment of such cost or expense under the relevant Lease or any other agreement relating to such Lease.

  • Property Management Fee means the fee payable to the Manager for its day-to-day management of the Property pursuant to the Management Agreement.

  • L/C Fee has the meaning specified in Section 2.03(i).

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

  • Fixed Fee means an agreed upon amount that is fixed at the inception of the Contract. In a cost reimbursable contract, the fixed fee includes the contractor’s direct and indirect administrative costs and profit allocable to the Contract.

  • Minimum Rent means the sum of Thirty-Three Million, Six Hundred Seventy-Nine Thousand, Seven Hundred Sixteen and 55/100 Dollars ($33,679,716.55) per annum.

  • Additional Rental has the meaning set forth in Section 4.03.

  • Base Rent Period Annual Rate Per Square Foot Monthly Base Rent

  • Origination Fee means any origination fee payable to the Department by the lender with respect to any Trust Student Loan.

  • Current Rent means, in respect of each of the tenancies subject to which the lot is sold, the instalment of rent and other sums payable by the tenant in advance on the most recent rent payment date on or within four months preceding completion.

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

  • Asset Management Fee shall have the meaning set forth in Section 8.03.

  • Parking space leasing data means the following government data on an application for, or lease of, a parking space: residence address, home telephone number, beginning and ending work hours, place of employment, location of parking space, and work telephone number.

  • Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term. Base Rental for the first year of Term shall be $24 per square foot for the building and $7.50 per square foot for the drive thru at the Premises. Year Per Sq Ft First Floor Per Sq Ft Drive Thru Total Per Annum Total Per Month 1 $ 24 $ 7.50 $ 101,286 $ 8,440.50

  • Permit Fee means a fee in an amount established by the SFMTA Board, required to be paid by a permit applicant for permit issuance or renewal, including any late payment penalties or interest for failure to pay in accordance with the requirements of this Article and any other regulations adopted by the SFMTA Board.

  • Property Lease means any Depot Lease, any lease in respect of a Managed Station Area, any lease in respect of Shared Facilities or any Station Lease and any agreement or lease of a similar or equivalent nature (whether in respect of any such facility or otherwise) which the Franchisee may enter into with a person who has an interest in a network or a railway facility which is to be used for or in connection with the provision or operation of the Franchise Services;

  • LPMI Fee With respect to each LPMI Loan, the portion of the Mortgage Interest Rate as set forth on the related Mortgage Loan Schedule (which shall be payable solely from the interest portion of Monthly Payments, Insurance Proceeds, Condemnation Proceeds or Liquidation Proceeds), which, during such period prior to the required cancellation of the LPMI Policy, shall be used to pay the premium due on the related LPMI Policy.

  • Sublease Payment means any payment required to be made by the District pursuant to Section 7 of the Sublease.

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Tenant Inducement Costs shall not include loss of income resulting from any free rental period, it being agreed that Seller shall bear the loss resulting from any free rental period until the date of Closing and that Purchaser shall bear such loss from and after the date of Closing.