Leased fee definition

Leased fee and "leased fee interest" means all of the interests of the fee owner, lessor, and all legal and equitable owners of the land which is leased, other than the lessee's interest as defined by this chapter.
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Leased fee and "leased fee interest" means all of the interests of the fee simple owner, lessor, and all legal and equitable owners of the land that is leased other than the lessee's leasehold interest.
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Leased fee means the interest remaining in one who has granted possession and occupancy to another for a designated term under a lease contract. Generally, it is the interest of the owner in his property after it has been leased.
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Examples of Leased fee in a sentence

  • Leased fee interest, on the other hand, refers to a landlord’s ownership that is encumbered by one or more leases.

  • Black’s Law Dictionary (Garner 2014) defines leasehold as, “a tenant’s possessory estate in land or premises… .” The terms are used as follows: • Leased fee.

  • Leased fee interest is defined as “The ownership interest held by the lessor, which includes the right to receive the contract rent specified in the lease plus the reversionary right when the lease expires.”52 The subject’s lease is not applicable to the true cash value because the lease was not proven to be supported by the relevant market.

  • Leased fee interest is defined as “The ownership interest held by the lessor, which includes the right to receive thecontract rent specified in the lease plus the reversionary right when the lease expires.”47 The subject’s fee simple property rights in the context of market value does not contemplate the non-existent lease as prescribed by Respondent’s appraiser.

  • Interest Appraised: Leased fee estate Date of Value: July 1, 1997 Date of Inspection: June 15, 1997 Ownership: R, F & P Land II, Inc.

  • Appraisal Reports Prepared For Leased fee interest, fee simple interest, insurance value, eminent domain; easements and assessment purposes.

  • Leased fee sales of big-box stores are typically sold subject to build-to-suit leases that are generally above market rent.

  • Conditions of sale (check all that apply) □ Grantor is relative □ Part interest transfer □ Land contract□ Trade □ Life estate □ Leased fee □ Leasehold □ Mineral rights reserved □ Gift□ Grantor is mortgagee □ Other 7.

  • Leased fee sales are relevant to this tax appeal matter but not in the manner in which Respondent arrived at a conclusion of value.

  • Please indicate the number of jobs for which you have provided appraisal services within at least the last TWO years in the following categories: Fee valuations Leased fee valuations Leasehold valuations Ground rent reopenings Easements Remnants Arbitration services3.


More Definitions of Leased fee

Leased fee or "leased fee interest" means reversionary interests of the fee owner, lessor, and all legal and equitable owners of land that are leased, other than the lessee's or a sublessee's interest.
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Related to Leased fee

  • Rental Fee A fee charged by the Contractor for the rental of a compactor or roll-off container.

  • Contract Fee means the lump sum rates as outlined in Schedule ‘B’ – Quote Form.

  • Renewal Fee means the fee that Borrower must pay Coast upon renewal of this Agreement pursuant to Section 9.1 hereof, in the amount set forth on the Schedule.

  • Management Fee has the meaning given in Section 4.1.

  • Leasing Costs means, with respect to a particular Lease, all capital costs, expenses incurred for capital improvements, equipment, painting, decorating, partitioning and other items to satisfy the initial construction obligations of the landlord under such Lease (including any expenses incurred for architectural or engineering services in respect of the foregoing), “tenant allowances” in lieu of or as reimbursements for the foregoing items, payments made for purposes of satisfying or terminating the obligations of the tenant under such Lease to the landlord under another lease (i.e., lease buyout costs), relocation costs, temporary leasing costs, leasing commissions, brokerage commissions, legal, design and other professional fees and costs, in each case, to the extent the landlord is responsible for the payment of such cost or expense under the relevant Lease or any other agreement relating to such Lease.

  • Property Management Fee means the fee payable to the Manager for its day-to-day management of the Property pursuant to the Management Agreement.

  • L/C Fee has the meaning specified in Section 2.03(i).

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

  • Fixed Fee means an agreed upon amount that is fixed at the inception of the Contract. In a cost reimbursable contract, the fixed fee includes the contractor’s direct and indirect administrative costs and profit allocable to the Contract.

  • Minimum Rent means Fifty Million Thirty-Three Thousand Nine Hundred Seventy-Six and 00/100ths Dollars ($50,033,976.00), subject to adjustment as provided in Section 3.1.1(b).

  • Additional Rental has the meaning set forth in Section 4.03.

  • Base Rent $ 25,024 per month ("Base Rent"), payable on the 1st day of each month commencing on the Commencement Date (Also see Paragraph 4.) [ ] If this box is checked, this Lease provides for the Base Rent to be adjusted per Addendum ___, attached hereto.

  • Origination Fee means any origination fee payable to the Department by the lender with respect to any Trust Student Loan.

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

  • Asset Management Fee shall have the meaning set forth in Section 8.02.

  • Parking space leasing data means the following government data on an application for, or lease of, a parking space: residence address, home telephone number, beginning and ending work hours, place of employment, location of parking space, and work telephone number.

  • Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term. Base Rental for the first year of Term shall be $32.50 per square foot for the building and $7.50 per square foot for the drive thru at the Premises. Year Per SqFt First Floor Per SqFt Drive Thru TotalPer Annum TotalPer Month 1 $ 32.50 $ 7.50 $ 151,512.00 $ 12,626.00

  • Permit Fee means a fee in an amount established by the SFMTA Board, required to be paid by a permit applicant for permit issuance or renewal, including any late payment penalties or interest for failure to pay in accordance with the requirements of this Article and any other regulations adopted by the SFMTA Board.

  • LPMI Fee With respect to each LPMI Loan, the portion of the Mortgage Interest Rate as set forth on the related Mortgage Loan Schedule (which shall be payable solely from the interest portion of Monthly Payments, Insurance Proceeds, Condemnation Proceeds or Liquidation Proceeds), which, during such period prior to the required cancellation of the LPMI Policy, shall be used to pay the premium due on the related LPMI Policy.

  • Sublease Payment means any payment required to be made by the District pursuant to Section 7 of the Sublease.

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Tenant Inducement Costs shall not include loss of income resulting from any free rental period, it being understood and agreed that Seller shall bear the loss resulting from any free rental period until the Closing Date and that Purchaser shall bear such loss from and after the Closing Date.

  • Rental means the Supplier’s charging rate for the hire of the Hire Goods which is current from time to time during the Hire Period;

  • Landlord’s Broker means the individual or corporate broker identified on the Basic Lease Information sheet as the broker for Landlord.

  • Additional Rent(s) means amounts payable under any Lease for (i) the payment of additional rent based upon a percentage of the Tenant’s business during a specified annual or other period (sometimes referred to as “percentage rent”), (ii) so-called common area maintenance or “CAM” charges, and (iii) so called “escalation rent” or additional rent based upon such tenant’s allocable share of insurance, real estate taxes or operating expenses or labor costs or cost of living or xxxxxx’x wages or otherwise.