UrbanPro
Login Ask & Answer Success Stories Paid Courses Free Classes Tuition & Classes Fees Write a Review All Categories Help Center
Post your Learning Need Signup as a Tutor
✕

Popular Cities

Bangalore

Hyderabad

Delhi

Mumbai

Chennai

Pune

Kolkata

Gurgaon

Ahmedabad

Jaipur

Noida

✕

Take BCom Tuition from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

Book a Free Demo

BCom Tuition > What is a lease?
✕

Search in

What is a lease?

Asked by Last Modified  

4 Answers

Follow 0
Answer

Please enter your answer

lease means right to use any immovable assets
Comments
Dislike Bookmark

Written or implied contract by which an owner (the lessor) of a specific asset (such as a parcel of land, building, equipment, or machinery) grants a second party (the lessee) the right to its exclusive possession and use for a specific period and under specified conditions, in return for specified periodic...
read more
Written or implied contract by which an owner (the lessor) of a specific asset (such as a parcel of land, building, equipment, or machinery) grants a second party (the lessee) the right to its exclusive possession and use for a specific period and under specified conditions, in return for specified periodic rental or lease payments. A long-term written lease (also called a deed) creates a leasehold interest which in itself can be traded or mortgaged, and is shown as a capital asset in a firm's books. Advantages of leasing include (1) lack of restrictive covenants (common in bank loans and bond indentures), (2) conservation of capital (because the lessor provides 100 percent financing), (3) tax savings (in most cases), (4) avoidance of the risk of obsolescence, and (5) relative ease of obtaining a lease as opposed to a comparable bank loan. read less
Comments
Dislike Bookmark

Judiciary Trainer

Transfer of right to rnjoy such immovable property,made for a certain time or in perpetuity in consideration of price paid or promised
Comments
Dislike Bookmark

Transforming academic dreams into reality with 100 % success rate.since the past 30 years.

A lease is an agreement outlining the terms under which one party agrees to rent /leaseproperty from another party.for a specific period of time.A lease guarantees the lessee (the renter) use of an asset and guarantees the lessor (the property owner) regular payments from the lessee . The ownership...
read more
A lease is an agreement outlining the terms under which one party agrees to rent /leaseproperty from another party.for a specific period of time.A lease guarantees the lessee (the renter) use of an asset and guarantees the lessor (the property owner) regular payments from the lessee . The ownership remains with the lessor , however the lessee continues to use the property , for the lease period by paying the lease rent at regular intervals , i.e amonth ,year etc. read less
Comments
Dislike Bookmark

View 2 more Answers

Related Questions

Can I do a BCom after 12th humanities?
Hi Geet ...yes you can persue post humanities but make sure you do immense study of syllabus of class 11 commerce. I say this since you must know fundamentals of accounts, economics . It's advisable to...
Geet
0 0
7

Need help in taxation law, Civil procedure code, Information Technology law, Insurance Law,Media Law and GATT(General Agreement on Tariff and Trade)
You can contact gago bhaiya Saharapur
Aaheli
0 0
5
How can i speak english very easli
watch english news channels,english movies and try to understand them and also start thinking in english so that u feel yourself confident in speaking english
Barun
0 0
8

 Write a report for an English newspaper on the Republic Day celebrations held at your college. *
Like every year, this year, also all the students and faculty members of our XYZ School/College had organized a grand program on the occasion of this Republic Day. Everyone was feeling very happy that...
Anusha
1 0
6
Hello everyone, I am Pallavi Maheshwari with a Masters degree in Management & 2 years teaching experience as a faculty & tutor of marketing , human resource management & General Management. Looking for tutions in Management for BBA, BMS , B.com, BMM & MBA.
Best of luck. It is a slow process and tests one's patience.
Pallavi M.
0 0
7

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

Revision
Every new concept learned must be revised with a periodic interval of 3-7-21 days.

Rasika P.

0 0
0
Law: Nature And Kinds Of Contracts
CHAPTER SUMMARY: 1.1. INTRODUCTION AND DEFINITION OF CONTRACT Following points/topics are discussed under this article: 1.1.1. Introduction: In India, the law relating to contracts is contained in...

Vidyadhan Academy Pvt. Ltd.

0 0
0
Behavior Management Tips for New Teachers
Behavior Management Tips for New Teachers! Behavior Management is a challenge that every new teacher faces. Unfortunately, teachers cannot be 100% prepared on how to effectively manage an entire classroom...

Fatima Sheikh

1 0
0
GST By CA Prashanth Reddy
GST on services fixed; Ola, Uber rides and flights to be cheaper, education and health exempt. The GST Council on Friday finalised tax rates for services under the Goods and Service Tax (GST) regime,...

FR Prashanth Reddy

Introduction of Cost Accounting
QUESTIONS: 1.Define profit centre. Ans: Profit Centre is a part of business accountable for costs and revenues. State the objective of Cost Accounting. Ans: Objectives of Cost Accounting The...

Deepika Agrawal

0 0
0

Recommended Articles

6 Exam Hall Tips To Follow, For Every Good Student

Appearing for exams could be stressful for students. Even though they might have prepared well, they could suffer from anxiety, tension etc. These are not good for their health and mind. However, following a few exam preparation tips can save them from all these and help them to score good marks. Let’s find out all...

Read full article >

Science, Arts Or Commerce - Which One To Go For?

Once over with the tenth board exams, a heavy percentage of students remain confused between the three academic streams they have to choose from - science, arts or commerce. Some are confident enough to take a call on this much in advance. But there is no worry if as a student you take time to make choice between - science,...

Read full article >

Top Benefits of e-Learning

With the current trend of the world going digital, electronic renaissance is a new movement that is welcomed by the new generation as it helps makes the lives of millions of people easier and convenient. Along with this rapidly changing movement and gaining popularity of Internet, e-Learning is a new tool that emerging...

Read full article >

The Rising Problems in Indian Government School

With the mushrooming of international and private schools, it may seem that the education system of India is healthy. In reality, only 29% of children are sent to the private schools, while the remaining head for government or state funded education. So, to check the reality of Indian education system it is better to look...

Read full article >

Find BCom Tuition near you
BCom Tuition in Delhi
BCom Tuition in Bangalore
BCom Tuition in Mumbai
BCom Tuition in Hyderabad
BCom Tuition in Chennai
BCom Tuition in Kolkata
BCom Tuition in Pune
BCom Tuition in Gurgaon
BCom Tuition in Noida
BCom Tuition in Ghaziabad

Looking for BCom Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you
X

Looking for BCom Tuition Classes?

The best tutors for BCom Tuition Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Take BCom Tuition with the Best Tutors

The best Tutors for BCom Tuition Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more

ThinkVidya Learning Pvt Ltd © 2010-2025 All Rights Reserved