Step-down lease

A Lease providing for specified Rent decreases at certain future dates. opposite of Step-up lease.

Related Terms: 5 ECI, Lease, PPO, Rent, Step-up lease

Other Related Pages: Category: Real_Estate Starting With: S

Additional Related Terms: Allowance for depreciation, Accrual of discount, Amortization of premium, At par, All or any part, At best, At call, At risk, Abstract of title, As is