Real Estate Leasing

The object of a real estate leasing agreement can be either an estate and a building, or only a building. Also, an apartment within the control of a shareholder in a housing or real estate company can be an object of real estate leasing. Usually, the original titleholder of the object of real estate leasing is the lessee, who has subsequently sold to the lessor and leased back the object. Normally, the lessor is entitled or required to redeem the object upon termination of the leasing agreement.

See further regarding leasing in the Chapter Leasing [Leasing].