Sale and leaseback: Difference between revisions
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imported>Doug Williamson (Layout.) |
imported>Doug Williamson (Layout.) |
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A sale and leaseback transaction takes place when an owner: | A sale and leaseback transaction takes place when an owner: | ||
*Sells an asset and | *Sells an asset, and | ||
*Immediately re-acquires the right to continue using the asset by entering into a lease with the purchaser. | *Immediately re-acquires the right to continue using the asset by entering into a lease with the purchaser. | ||
