lazy jack (0 synonym found)

We don't have any synonyms for lazy jack yet.

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lay back  ·  lazyback  ·  lamp jack  ·  lazy jacks

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Definition of lazy jack:

°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 lazy jack:

°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.
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