A lease where the rental level is periodically reviewed by independent appraisers. Often the lessor and lessee will each select an appraiser, and if they do not agree on a value, they will select a third appraiser.
Related information about reappraisal lease:
- Reappraisal Lease: Definition from Answers.com
lease where the rental level is periodically reviewed by independent appraisers. Often lessor and lessee will each select an appraiser; if they do not.
- What is reappraisal lease? definition and meaning
Definition of reappraisal lease: A lease where the rental level is periodically reviewed by independent appraisers. Often the lessor and lessee will each select an ...
- reappraisal lease - Financial Dictionary - The Free Dictionary
A lease in which the rent is adjusted based on an independent appraisal of the value of the property;frequently seen with long-term ground leases. Want to thank ...
- reappraisal - definition of reappraisal by the Free Online Dictionary ...
reapportionments · reapportionments · reapportionments · reapportions · reapportions. reappraisal. reappraisal lease · reappraisals · reappraisals · reappraisals ...
- reappraisal lease - Business Definition
reappraisal lease definition: A lease agreement that includes an adjustable lease payment in accordance with scheduled independent reappraisals of the ...
- Quick Quiz - Leases
... $2500 for the month of November. In December, while business was better, she paid $2,800 in rent. She probably has a: percentage lease. reappraisal lease ...
- real estate Flashcards
Feb 8, 2010 ... reappraisal lease. Definition. a lease that stipulates that the rent will be adjusted periodically as the value of the bulding changes as determined ...
- RE42R05: Property Management
... reappraisal lease - increased rent based on periodic independent appraisals; sandwich lease - lease between original tenant and sublet tenant; ground lease ...