land lease option
Definition
An option that is associated with a lease contract and is used for the purpose of granting the lessee the right to extend the lease period beyond its original time frame. In most cases, the lessee will be required to pay a premium for this type of option. Having a land lease option could allow the holder to act on positive future market conditions.
Related Articles
- Forex: Scalping Strategy *
- Leading Economic Indicators Explained *
- Difference between spot and futures in Forex *
- Understanding Homeowner's Insurance Policies *
- Buying Overseas Property in the UK *
- Pros and Cons of Leasing vs Buying a Vehicle *
- Information on the Less Commonly Used Types of Insurance *
- Roth IRAs: Contributions, Withdrawals, Distributions etc. *
Related Videos
http://www.businessdictionary.com/definition/land-lease-option.html
