sale-and-leaseback


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sale-and-leaseback

A contractual agreement between an owner and an investor, under which the owner sells a property to the investor and then improves or develops it under the condition that the investor gives him a long-term lease of the premises.
References in periodicals archive ?
Finally, the controlling shareholder must have a reasonable expectation that he will generate a profit from the sale-and-leaseback, taking into account both the value of the property when it is eventually sold and the rent during the lease period.
No one key factor determines whether a valid sale-and-leaseback has occurred; the facts and circumstances determine the outcome.