Sandwich Lease
January 30, 2014 | | Kris Tabetando | 0 Comment
A sandwich lease is a unique lease arrangement in which a lessee leases (or rents) property from its owner, and subsequently, leases it out to another lessee. As such, the original lessee collects rent from the second lessee and pays rent to the owner.
Many owners do not allow such a lease structure unless they can approve of the second lessee’s character and creditworthiness in the second lease.
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