UrbanPro

Location Set your Location

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 > Learn BCom Tuition > What is a lease?
✕

Search in

What is a lease?

Asked by Last Modified  

4 Answers

Learn BCom Tuition

Follow 0
Answer

Please enter your answer

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

lease means right to use any immovable assets
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

Should I study for a B.Com after my +2 science?
Sure.no problem. No entrance test to join B.com
Ankita
0 0
9

What fees should I charge for bcom students regular as well as correspondence for mumbai university students as I am fresher into coaching industry
500 per hour
Rishikesh V
What is your advice for first year bcom students?
My suggestion to B.com Students is to understand the concept of the subject and get more practical knowledge in accounting subjects as it will help you in your future as this is competitive world. Don't...
Mrunal
0 0
7
How can I get good marks without taking tuition in an F.Y.B.Com?
Through proper exam oriented learning approach, Through time management, By following all topics given in your syllabus, By solving some last year exam papers, Internet and social media like YouTube can also help. Wishing you all the best.
Nice
0 0
9
What are the career options after B.com?
After B.Com Option Open For CA,CMA,CS,MBA,CFA,M.Com,Self Business,In Stock,Commodity,Currency Market,Accounting Work In Any Business Firm,Company,UPSC,State PSC,SSC etc.
Shafer
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

BBA Vs B.Com
Criteria BBA/BMS/BBM/BBS B.Com Uncommon Subjects 1. Organisation Behaviour & Psychology 2. Public Relations 3. Business Strategy 1. Corporate Laws 2. Indirect...

Rishabh Pandey

0 0
0
Why??????
Many times I have seen that students don't understand the basic accounting knowledge. Here I am not talking about the accounting principles or concepts. I am talking about the FUNDAMENTAL knowledge behind...

Nishant Katoch

0 1
0
Introduction Of Auditing
What is Audit? It can be said that auditing is the process by which a competent independent individual collects and evaluates evidence to form an opinion and communicates his opinion to the person interested,...
F

FR Prashanth Reddy

Advance Tax Liability For The A.Y. 2018-19
Advance Tax Liability for the A.Y. 2018-19: The Finance Act 2017 (Act No. 07 of 2017) has not bring any change in Advance Tax provisions. Therefore the Advance Tax provisions related to A.Y. 2017-18...
F

FR Prashanth Reddy

Essential Elements of a Valid Contract
Essential Elements of a Valid Contract: (i) Agreement: In order to constitute a contract, there must be an agreement in first place. An agreement in turn is composed of two elements-offer and acceptance....
F

FR Prashanth Reddy

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 Mumbai
BCom Tuition in Bangalore
BCom Tuition in Hyderabad
BCom Tuition in Chennai
BCom Tuition in Kolkata
BCom Tuition in Pune
BCom Tuition in Gurgaon
BCom Tuition in Jaipur
BCom Tuition in Ahmedabad

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 © 2010-2024All Rights Reserved