0 a legal agreement by which the owner of a building, piece of land, vehicle, etc. allows the previous owner to continue to use it for a regular amount of money --
1 an agreement by which the seller of property or an asset pays rent to the new owner in order to continue using it: --
Leaseback was unacceptable to domestic and island opinion.
It seeks to clarify the sale and leaseback tax relief arrangements.
I fear, therefore, that the junta themselves have now "blown it" as far as leaseback is concerned, or concerning any compromise with a military regime.
It is hoped to attract institutional investment in woodlands on sale and leaseback or on the outright sale principle.
First, it is clear that it is a debate about barter deals and not about leaseback.
The leaseback landlord would still be able to exert management control and refuse to extend the lease.
The terms of a voluntary leaseback will alter the terms of their existing leases and that particular problem does not arise.
In some cases it could put beyond them the cost of enfranchisement as landlords might refuse to take a leaseback on such terms.
