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LSDefine

Simple English definitions for legal terms

lessee's interest

Read a random definition: effective tax rate

A quick definition of lessee's interest:

Lessee's interest: The value of a property that is being leased, from the perspective of the person who is leasing it. This value is determined by subtracting the lessor's interest from the property's market value. It is used when the lessee wants to sell or transfer their interest in the leased property.

A more thorough explanation:

Definition: The value of leased property from the perspective of the lessee, which is used for assigning or selling purposes. This value is usually calculated by subtracting the lessor's interest from the property's market value.

Example: Let's say a company leases a building for their business operations. The market value of the building is $1 million, but the lease agreement states that the lessor has a 20% interest in the property. Therefore, the lessee's interest in the property would be $800,000 ($1 million - 20% of $1 million).

This example illustrates how the lessee's interest is calculated by subtracting the lessor's interest from the market value of the property. It shows that the lessee's interest is the portion of the property's value that the lessee has a claim to, and can be used for assigning or selling purposes.

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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