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step-down lease

A lease providing for specified rent decreases at certain future dates. opposite of step-up lease.

Related information about step-down lease:
  1. What is step-down lease? definition and meaning
    Definition of step-down lease: A lease providing for specified rent decreases at certain future dates. opposite of step-up lease.
     
  2. Lease Programs at Strada Capital
    Take advantage of tax savings sooner with a Step-Down Lease. The payments on this program start high and go lower as the lease term progresses. Apply Now!
     
  3. What is step lease? definition and meaning
    ... upon formula such as the lessor's expenses associated with the lease or the lessee's sales at the leased property. Also called step up/step down lease.
     
  4. step-down lease
    A lease providing for specified rent decreases at certain future dates. Opposite of step-up lease.
     
  5. glossary of leasing terms - LPI Software Funding Group - Leaders in ...
    Step Down Lease: Another variant of the “Step Rental Lease”. A lease where the lease payments decrease over the term of the lease.
     
  6. Leasing Definitions
    A step down lease works in the reverse manner, allowing the lessee to pay more initially and less later as the payment amount decreases over the term of the ...
     
  7. Lease Types - First Capital Equipment Leasing Corp.
    equipment lease types capital and operating. Our 27th Year. Cash Flow Friendly Options inlcuding 90 Day Deferred Payments, Seasonal Payments, Setp ...
     
  8. What is a Long-Term Lease?
    A step-down lease contains a provision in the contract for decreases in rent, while a step-up lease contains a provision in the contract for increases in rent.