The substantive scope of the contract Lease rent "A comparative study " | ||
| journal of kerbala university | ||
| Article 1, Volume 12, Issue 2, June 2016, Pages 92-108 PDF (0 K) | ||
| Abstract | ||
| The funding is the primary engine for commercial projects, the project is always in need of capital to the production process, both when it was created or when the replacement and renovation of its assets, with the rise in productivity in asset prices - movables and real estate - They added financial possibilities modest for most commercial projects have become the procurement process cumbersome, but by finance lease can be for the project to get the industry and production requirements while maintaining his money, and achieved recourse commercial project - the tenant - to the financial institution - the lessor- Entered into a finance lease it determines under which productive assets they wish rented, and under this contract, the financial institution is committed to providing these assets, which select the project specifications in exchange for the latter's commitment to the performance of the agreed fare for the duration of the contract, and at the end of a finance lease be of the business free to choose between buying assets or continue to rent or terminate the lease stated productive assets to the financial institution. | ||
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