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
Meanings of Lease:
Rent subsidy (property).
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
Rent a website from a local business
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
Meanings of Extension:
A part that is added to something to make it bigger or more consistent.
The part of the power cord that allows the device to be used remotely from a fixed electrical outlet.
Extra phones on the same line as the original phone.
Move members from joint position to straight position.
University or college education for students who are not studying full-time.
The scope of a term or concept is measured by the object that points to or contains it as opposed to its internal content.
Property considers space as a local quantity.
Sentences of Extension
Southern Railway Extension
The floods caused a lot of damage and some expansion and additional equipment was badly needed.
Can be heard in the room extension
Conflicts with the sudden expansion of extreme extremism
According to Beardsley, the second negative element of the definition is necessary to ensure that the scope of the definition matches the final measure.
For Descartes, nature is a pure extension of outer space
Synonyms of Extension
appendage, supplement, addition, appendix, adjunct, add-on, addendum, augmentation