reverse premium

reverse premium
An amount paid by an existing tenant to a person willing to take an assignment of a lease which has onerous terms, such as a rent higher than the market rate.

Easyform Glossary of Law Terms. — UK law terms.


reverse premium
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Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • reverse premium — A cash payment made to a lessee as an encouragement to enter into a lease agreement. Under Urgent Issues Task Force, Abstract 12, such payments received by a lessee should be spread on a straight line basis over the lease term or, if shorter than …   Accounting dictionary

  • reverse surrender — The surrender of a lease by a tenant where the tenant pays the landlord to accept the surrender. The payment is known as a reverse premium. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …   Law dictionary

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  • Royal College of Organists — The Royal College of Organists or RCO, is an educational body of the United Kingdom. Its role is to promote organ and choral music and it offers musical education and training for organists and choral directors.The College maintains the British… …   Wikipedia

  • consideration — con·sid·er·a·tion n: something (as an act or forbearance or the promise thereof) done or given by one party for the act or promise of another see also contract compare motive ◇ Except in Louisiana, consideration is a necessary element to the… …   Law dictionary

  • Gran Turismo 5 — Éditeur Sony Computer Entertainment Développeur Polyphony Digital Concepteur Ka …   Wikipédia en Français

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