Lease Extension

Lease Extension,

Lease Extension: What is the Meaning of Lease Extension?

  • Lease Extension means, A lease extension is a legal agreement that extends the term of an existing lease or lease agreement. Extension of business relationship is not a condition, but is usually granted shortly before the expiration of the original contract. These relationships are common between owners and tenants of commercial and residential buildings or between parties that lease vehicles, machinery, facilities and equipment.

    • A lease extension is a legal agreement that extends the term of an existing lease or lease agreement.
    • The parties involved in the renewal of the lease must indicate the start and end dates of the renewal and refer to the previous renewal of the lease.
    • Landlord - Extension of rent is common in tenant relationships or when using vehicles, equipment, machinery and / or facilities.

Literal Meanings of Lease Extension

Lease:

Meanings of Lease:
  1. Rent subsidy (property).

  2. An agreement by which one of the parties transfers land, goods, services, etc. Second party fixed term payments, usually in exchange for regular payments.

Sentences of Lease
  1. Rent a website from a local business

  2. Six months rent in a store

Synonyms of Lease

contract, hire out, farm out, sublease, charge for the use of, rent, rental agreement, rent out, hire agreement, sublet, charter, leasehold, hire

Extension:

Meanings of Extension:
  1. A part that is added to something to make it bigger or more consistent.

  2. The part of the power cord that allows the device to be used remotely from a fixed electrical outlet.

  3. Extra phones on the same line as the original phone.

  4. Move members from joint position to straight position.

  5. University or college education for students who are not studying full-time.

  6. The scope of a term or concept is measured by the object that points to or contains it as opposed to its internal content.

  7. Property considers space as a local quantity.

Sentences of Extension
  1. Southern Railway Extension

  2. The floods caused a lot of damage and some expansion and additional equipment was badly needed.

  3. Can be heard in the room extension

  4. Conflicts with the sudden expansion of extreme extremism

  5. Refresher course

  6. According to Beardsley, the second negative element of the definition is necessary to ensure that the scope of the definition matches the final measure.

  7. For Descartes, nature is a pure extension of outer space

Synonyms of Extension

appendage, supplement, addition, appendix, adjunct, add-on, addendum, augmentation

Lease Extension,

What is The Definition of Lease Extension?

  1. A simple definition of Lease Extension is: Lease extension refers to a legal agreement that extends an existing lease or lease term. Expansion of business relationships is not necessary at all, but is usually given only after the termination of the verbal agreement. They are often between owners and tenants of commercial and residential buildings, or between parties that lease vehicles, materials, facilities and equipment.

    • Lease extension refers to a legal agreement that extends the term of an existing lease or lease agreement.
    • In order to renew a lease agreement, it is necessary to identify the parties involved, state the date of renewal and renewal, and refer to the previously renewed lease.
    • Rent extensions are common in landlord-tenant relationships or for the use of vehicles, equipment, materials and / or facilities.

Literal Meanings of Lease Extension

Lease:

Meanings of Lease:
  1. An agreement in which a party provides land, goods, services, etc. The other party for a certain period of time, usually in exchange for regular payments.

  2. Lease Discount (Property)

Synonyms of Lease

let out, period of occupation, tenure, tenancy, booking, period of occupancy

Extension:

Meanings of Extension:
  1. Something is added to make it bigger or taller.

  2. The length of the power cord that allows the goods to be used away from a fixed outlet.

  3. Secondary phone on line like primary phone.

  4. Movement of limbs from flexible position to straight position.

  5. Training at a university or college refers to people who are not full-time students.

  6. The scope of a term or concept is measured by what it refers to or consists of.

  7. Property takes up space.

Sentences of Extension
  1. Southern extension of the railway

  2. Seizures with sudden and severe enlargement of the limbs.

  3. Postgraduate Extension Course

Synonyms of Extension

supplementary building, ell, wing, annexe