BNET Business Dictionary

Business Definition for: Lessor

  • the person who provides the asset being leased

Wiktionary Definition for: Lessor

  • #The owner of property that is leased

Additional Resources

Gibraltar Packaging Group Inc. (People Update).(promoted Mark Lessor to vice president and general manager of the company's Great Plains Packaging Division)(Brief Article)
Gibraltar Packaging Group, Inc., Hastings, Neb., promotes Mark Lessor to vice president and general manager of the company's Great Plains Packaging Division in Hastings. Lessor began his career with Gibraltar's predecessor, Great Plains Packaging, Gibraltar Packaging Group, Inc., Hastings, Neb., promotes Mark ...
Tags: Great Plains Software
Research articles 2003-07-12
[1054] Royalty withholding tax on non-resident lessor of equipment.
Byline: Terry Hayes Jun 20, 2007 (Weekly Tax Bulletin - ABIX via COMTEX) -- The Australian Taxation Office ATO issued Draft Taxation Determination TD 2007/D12 on 6 June 2007. "Royalty withholding tax on non-resident lessor of equipment", for which the ATO is seeking...
Tags: Australian Taxation Office, FINANCE, lessor, payment, Taxes
Research articles 2007-06-20
A Lessor's Damages for a Lessee's Default
This article discusses Sections 2A-527 and 2A-528 of the Uniform Commercial Code, providing the starting point from which one can begin to review the rights to damages a lessor has when a lessee defaults on a lease agreement for personal property and the damages are not otherwise covered by a...
Tags: Lessor, Katten Muchin Zavis Rosenman
White papers 2004-07-21
Consent Of Lessor
If you move someone else in to your rented property without the consent of the landlord the Lessor you will more than likely be in breach of contract and could end up in court. So it is better to have consent from landlord. Here is a template for consent of...
Tags: Lessor, Consent, FreeBusinessForms.com
Tools & templates 2007-12-01
Assignment Of Lease By Lessee With Consent Of Lessor
A lease is a legal document, but can be an oral arrangement, which confers a right on one person called a tenant or lessee to possess property belonging to another person called a landlord or lessor to the exclusion of the owner landlord. This is a template for an assignment...
Tags: Lessor, Lease, Home Business Online
Tools & templates 2007-12-01
Not receiving rent helps lessor beat IRS.(LEASING)
Not receiving rent actually helps a lessor beat the IRS. An attorney leased equipment to his incorporated law practice for several years. But the firm suffered a temporary financial setback and didn't pay him any rent for two years, causing him to s Not receiving...
Tags: financial, Internal Revenue Service, leasing
Research articles 2005-07-15
Assignment Of Lease By Lessee With Consent Of Lessor
If you are a Lessee, your lease agreement probably contains a clause prohibiting you from letting someone else take over the lease without the landlord's consent. Most do. This is to protect the landlord from suddenly having new lessee... lessee who may or may not make timely rental payments. Here...
Tags: Lessor, Lease, Consent, FreeBusinessForms.com, Operational Accounting, Finance
Tools & templates 2007-12-01
Assignments Of Rents By Lessor With Repurchase Agreement
This is a template which can be used as an assignment of rents by lessor with repurchase agreement. The template contains various clause or conditions which can be mentioned in the assignment.
Tags: Lessor, Assignment, Rent, Home Business Online
Tools & templates 2007-12-01
Assignment Of Rents By Lessor With Repurchase Agreement
Lenders, have a corporate borrower sign over the rents under a lease of company-owned property with this Assignment of Rents by Lessor with Repurchase Agreement, as security for a loan and other credit facilities being advanced to the borrower.
Tags: Borrower, Rent, Security
Tools & templates 2007-12-01
Littlefield Corporation Announces the Acquisition of Three Commercial Lessor Licenses in Texas
AUSTIN, Texas -- Littlefield Corporation (OTCBB:LTFD) announces that it is in the process of acquiring the stock of three Texas corporations who each own a grandfathered commercial lessor license for its charitable bingo operations in Texas. These acquisitions are being made subject to definitive agreements with the sellers.
Tags: acquisition, lessor
Research articles 2008-03-12
FAA does not bar state law claim against aircraft lessor
Retzler v. Pratt & Whitney Co., - N.E.2d -, No. 198-2958, 1999 WL 1249719 (Ill. App. Ct. Dec. 23, 1999). An Illinois appellate court held that the Federal Aviation Act FAA, 49 U.S.C. 44112, does not bar state law personal injury claims against aircraft lessors. Here, a flight attendant was...
Tags: aircraft, FAA, Manufacturing
Research articles 2000-04-01
PE or no PE? A lessor's question?
Byline: David Pritchard and Andre Spnovic Jan 18, 2007 (Taxation in Australia - ABIX via COMTEX) -- The taxation of substantial equipment let from non-resident lessors no longer seems simple. Like the OECD, the Australian Taxation Office held that the presence of the...
Tags: Australian Taxation Office, FINANCE, lessor, Taxes
Research articles 2007-01-18
Boeing and GE Commercial Aviation Services announce order for 39 airplanes; Leasing company order includes 15 777s and 24 737s; Total of 69 airplanes ordered by lessor in 2006.
M2 PRESSWIRE-23 January 2007-BOEING: Boeing and GE Commercial Aviation Services announce order for 39 airplanes; Leasing company order includes 15 777s and 24 737s; Total of 69 airplanes ordered by lessor in 2006C1994-2007 M2 COMMUNICATIONS LTD RDATE:22012007 SEATTLE - Boeing [NYSE:...
Tags: aircraft, Boeing Co., FINANCE, General Electric Co., leasing, Manufacturing
Research articles 2007-01-23
Boeing and GE Commercial Aviation Services Announce Order for 39 Airplanes; Leasing company order includes 15 777s and 24 737s; Total of 69 airplanes ordered by lessor in 2006.
M2 PRESSWIRE-23 January 2007-BOEING: Boeing and GE Commercial Aviation Services Announce Order for 39 Airplanes; Leasing company order includes 15 777s and 24 737s; Total of 69 airplanes ordered by lessor in 2006C1994-2007 M2 COMMUNICATIONS LTD RDATE:22012007 SEATTLE - Boeing [NYSE:...
Tags: aircraft, Boeing Co., FINANCE, General Electric Co., leasing, Manufacturing
Research articles 2007-01-23
Federal Court declares lessor acted unconscionably towards lessee market gardeners.
M2 PRESSWIRE-5 March 2002-ACCC: Federal Court declares lessor acted unconscionably towards lessee market gardeners C1994-2002 M2 COMMUNICATIONS LTD RDATE:05032002 Action by the Australian Competition and Consumer Commission has led to five Vietnamese market gardeners winning a dispute with their ...
Tags: Australian Competition and Consumer Commission, conduct, FINANCE, lease, MARKETING
Research articles 2002-03-05
Ford considers cutting leases in N.Y.; Law makes lessor liable in accidents.(Ford Motor Credit Co.)(Brief Article)
Dealers in New York are worried because Ford Motor Credit Co. has said it may cut back on leasing in that state because of a liability law that allows an accident victim to sue the owner of a vehicle for damages. Legally, the finance...
Tags: Ford Motor Co., Ford Motor Credit Co.
Research articles 2002-08-26
WANT IN? GET IN LINE 20 Fully Leased Buildings Ranked by Rentable Building Area
5301 BOLSA AVE. Huntington Beach Lessor/Owner: Boeing Co. RBA: 1,974,836 Type: Industrial 6565 KNOTT AVE. Buena Park Lessor/Owner: Lucky Food Centers RBA: 1,500,000 Type: Industrial 3370 E. MIRALOMA AVE. Anaheim Lessor/Owner: Boeing Co. RBA: 1,500,000 Type: Industrial 200 N. PUENTE ST. Brea Lessor/Owner: Albertson's Food & Drug Stores RBA: 1,500,000...
Tags: Boeing Co., food, Manufacturing
Research articles 1998-05-25
Lease Financing
The slide show defines a lease as a tool that allows an individual or a firm to make economic use of an asset for a stated period of time without obtaining ownership interest in it. While talking of lease contract it defines Lessee who obtains use of an asset for...
Tags: Asset, Lessor, Financing, Leasing, Asset Management, Capital Structures, Taxes, Financial Accounting, Operational Planning, Business Operations, Finance, Financial Planning
Presentations 2003-01-01
Synthetic Leases: "Bankruptcy Proofing" the Lessee's Option to Purchase
The use of a multi-property lessor in a synthetic leasing transaction may cause the lessee to seek to take special precautions to minimize the negative implications of a subsequent lessor bankruptcy. However, requiring the multi-project lessor to grant a security interest in the lessee's option right to purchase the property,...
Tags: Lessor, Lease, Leasing, Bankruptcy, First American, Capital Structures, Litigation, Finance, Business Operations
White papers 2001-03-09
Equipment Lease
This equipment lease ("Lease") is made and effective [Date], by and between [Lessor], ("Lessor") and [Lessee] ("Lessee"). Lessor desires to lease to Lessee, and Lessee desires to lease from Lessor, certain tangible personal property. Now, therefore, in consideration of the mutual covenants and promises hereinafter set forth, the parties hereto...
Tags: Lessor, Khera Communications
Tools & templates
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