Term of Day
Uh oh! You're not
Term of Day
+ Create New Flashcard
(or lessee) and the landlord's (or lessor's)
to ensure the tenant will remain in
of the leased
, despite any
. And that, in such circumstances, the tenant may pay
directly to the lender.
letter of credi...
You Also Might Like...
How to Finance a Short Sale
A short sale is a real estate transaction for the purchase of a home before a bank forecloses on it. Short sales allow the owner of the home to sell the home below the market price and are subject to approval by the holder of the loan on the ...
Lease vs. Rent
When purchasing something is not quite possible (or desired) the option for many individuals and companies comes down to leasing or renting. While both have similarities, getting access to an asset for a limited period, there are significant ...
Shall vs. Will
How to Protect Your Product or Idea When Pitching ...
Finding the resources to get your idea for a new product or service off the ground can be difficult. It is usually necessary to approach several investors before you can find one who is interested. Often, the best strategy could be to go to a ...
Copy & paste this HTML in your website to link to this page
Browse Dictionary by Letter: