lapse back (0 synonym found)
Definition of lapse back:

(n) : a property transaction where a party sells something, then leases it from the purchaser. The seller is released from tax, depreciation, and maintenance costs, and the buyer is guaranteed an income from the property. Also called sale and leaseback, sale-leaseback. Also spelled lease-back
Definition of lapse back:

(n) : a property transaction where a party sells something, then leases it from the purchaser. The seller is released from tax, depreciation, and maintenance costs, and the buyer is guaranteed an income from the property. Also called sale and leaseback, sale-leaseback. Also spelled lease-back
Get a free website audit from Next Wave ServicesGet a free website audit from Next Wave Services
Back to Top