Keyword Analysis & Research: leased

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Can leased property be sold?

You cannot sell Leasehold Property. Only Freehold Propert can be sold. However if the Lease so provides & allows , only then , can Leasehold Property be sub-leased with the Prior written consent of the Lessor and after fulfilling the terms & conditions as laid down in the Lease.

What is the definition of leasing?

Meaning of “leasing” in the English Dictionary. "leasing" in Business English. › a financial arrangement in which a person, company, etc. pays to use land, a vehicle, etc. for a particular period of time : Leasing can still make financial sense, particularly for those who want a new car every two to three years.

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