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Glossary

Lease Assignment

A lease assignment occurs when a party to the lease transfers its rights and obligations (in full or in part) under a lease agreement to another party.

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Leasehold Interest

A leasehold interest represents a tenant’s legal right to occupy and use a property for a specified period under the terms of a lease agreement. Leasehold…

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Long-Term Cash Flow

Long-term cash flow refers to income generated consistently over an extended period. Ground leases and infrastructure agreements often provide predictable long-term cash flow through recurring lease…

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Lump Sum Payment

A lump sum payment is a single payment made at one time rather than through a series of future installments. Property owners often receive lump sum…

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