Closedend Lease


Definition of "Closed-end lease"

Francis "Chip" Evans
Francis "Chip" Evans Cornerstone Coastal Properties

Involves monthly payments over a given time period. There is no charge when the lease expires. At the expiration date, the lessor sells the leased property for a gain or loss.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

Popular Real Estate Terms

Popular Real Estate FAQ