- lessor's interest
- The present value of the future income under the lease, plus the present value of the property after the lease expires (reversion)
Black's law dictionary. HENRY CAMPBELL BLACK, M. A.. 1990.
lessor's interest
Look at other dictionaries:
lessor's interest — The present value of the future income under the lease, plus the present value of the property after the lease expires (reversion) … Black's law dictionary
interest — The most general term that can be employed to denote a right, claim, title, or legal share in something. In its application to real estate or things real, it is frequently used in connection with the terms estate, right, and title. More… … Black's law dictionary
interest — The most general term that can be employed to denote a right, claim, title, or legal share in something. In its application to real estate or things real, it is frequently used in connection with the terms estate, right, and title. More… … Black's law dictionary
lessor — les·sor / le ˌsȯr, le sȯr/ n: a person who conveys the possession of real or personal property under a lease Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. lessor … Law dictionary
interest — the cost of borrowing money. Glossary of Business Terms What is paid to a lender for the use of his money and includes compensation to the lender for three factors: 1) Time value of money (lender s rate) the value of today s dollar is more than… … Financial and business terms
lessor of the plaintiff — The real party in interest who institutes the action in an action of ejectment … Ballentine's law dictionary
lessee's interest — The appraised value of a lessee s interest in order to determine its worth for assignment or sale. In appraising the value of a potential sublease or assignment (sale) of the lease, the value is the market value of the property, less the interest … Black's law dictionary
lessee's interest — The appraised value of a lessee s interest in order to determine its worth for assignment or sale. In appraising the value of a potential sublease or assignment (sale) of the lease, the value is the market value of the property, less the interest … Black's law dictionary
lease — Any agreement which gives rise to relationship of landlord and tenant (real property) or lessor and lessee (real or personal property). Smith v. Royal Ins. Co., C.C.A.Cal., Ill F.2d 667, 671. A contract for exclusive possession of lands,… … Black's law dictionary
lease — Any agreement which gives rise to relationship of landlord and tenant (real property) or lessor and lessee (real or personal property). Smith v. Royal Ins. Co., C.C.A.Cal., Ill F.2d 667, 671. A contract for exclusive possession of lands,… … Black's law dictionary
