answersLogoWhite

0


Best Answer

I would think primary is the leasee and the secondary is a sub lease from the leasee.Not always agreed on by the leasor.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the difference between primary and secondary lease?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the difference between a life estate and a life lease?

what is the difference between a life lease and a life estate


Difference between sublet and assignment of lease?

An assignment is the transfer of a lease between the current tennant and a prospective tenant. A sublet is a lease held from a lessor who has a superior landlord.


What type of lease makes you responsible for any difference between the actual and estimated depreciation on the car you lease?

Open End lease


Which type of lease makes you responsible for any difference between the actual and estimated depreciation on the car you lease?

Open-end lease


What is the difference between lease and sublease?

A lease is were you are renting of the owner itself, a sub lease is were you would be renting a part of what somebody else already has.


Is having a tangible property the difference between using the terms lease and rent?

No that is not the basic difference between the terms lease and rent. A lease is often a long term contract, where the details can't be altered. Rent is often more short term.


Is there a difference between a term business car lease and a commercial auto lease, or are they one and the same?

A car lease is an individuals person lease for their car. A commercial car lease is the lease for a commercial vehicle which are used for businesses.


What is the difference between Finance lease and operational lease?

The key difference between a finance lease and an operating lease is whether the lessor (the legal owner who rents out the assets) or lessee (who uses the asset) takes on the risks of ownership of the leased assets. The classification of a lease (as an operating or finance lease) also affects how it is reported in the accounts. The differentiation is mostly important for accounting , taxation and financial reporting purposes.


What is the difference between operational lease and finance lease?

The key difference between a finance lease and an operating lease is whether the lessor (the legal owner who rents out the assets) or lessee (who uses the asset) takes on the risks of ownership of the leased assets. The classification of a lease (as an operating or finance lease) also affects how it is reported in the accounts. The differentiation is mostly important for accounting , taxation and financial reporting purposes.


What is the difference between a lease agreement and a commercial lease agreement?

A lease agreement could be for the cases of private leasing including residential purposes. A commerical lease agreement is leasing for use of businesses.


What was the difference between Mary Lease and William Jennings Bryan?

mary is a woman


What was one difference between Mary Lease and Willian Jennings Bryan?

both could speak in public , but Lease could not vote