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A transaction whereby land is sold and subsequently rented by the seller from the purchaser who is the new owner.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.


a property transaction in which the buyer leases the property to the seller.
Collins Dictionary of Law © W.J. Stewart, 2006
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LONDON: Zain Saudi shares jumped 2 percent on Wednesday after the phone company signed a SR2.52 billion sale and leaseback deal.
However, many of those who invested in French leasebacks have had mostly negative experiences, with leaseback companies defaulting, imposing rent cuts and expecting investors to pay them extortionate amounts to end the lease.
Dubai: Novus Aviation Capital said on Tuesday it has closed the purchase and leaseback of two new Airbus A321-200 aircraft with Vietnan's Vietjet airline.
Flydubai and Standard Chartered Bank, or Standard Chartered, through its award winning aviation finance team, Pembroke, have recently closed a sale and operating leaseback transaction for two next-generation Boeing 737-800 aircraft.
The agreement with Mobinil, which is part of the Orange Group consists of the purchase of approximately 2,000 towers with a 15-year leaseback contract for the operation and maintenance, and additional build out of new sites.
The transaction is one of the first sale and leaseback transactions entered into by Oman Air, and was structured and arranged exclusively by Standard Chartered.
The reason being stated for the change in mind is that in a leaseback an airline does not get the benefit of the residual value of an aircraft after its lease expires as it is enjoyed by the lessor.
NORTH?EAST homebuilder Dunelm Homes has launched a sale and leaseback scheme across its North-east developments, offering guaranteed rental income for residential homeowners up and down the region.
Finland's flag carrier Finnair said it has entered into an agreement with a Japanese aircraft leasing company NBB to sell and leaseback two new Airbus A321 Sharklet aircraft.
Casanova alleged that CJHDevCo directors and officers withheld income based on a leaseback agreement that BCDA has with CJHDevCo for 26 hotel rooms at CJHDevCo-run hotels The Manor and The Suites (now renamed Forest Lodge).
FLY Leasing Limited announces purchase and leaseback deals for 787 and 777 aircraft with LATAM FLY Leasing Limited announced that it has taken delivery of a new Boeing 777-300ER aircraft on a purchase and leaseback transaction with LATAM Airlines Group.
He sold the chain's remaining 16 pharmacies, and he entered into a sale and leaseback arrangement with STORE Capita I.