09-May-2023 07:01 PM
Can Lease financing be understood in the context of Usufructuary mortgage?
Lease Financing and Usufructuary mortgage, both are different concepts. Usufructuary Mortgage is a type of mortgage where the mortgagor delivers the possession of a property to the mortgagee to use the property and obtain rent, profits etc. from such property for repayment of the mortgage money. Lease financing is a contractual agreement between the owner of the asset who grants the other party the right to use the asset in return for a periodic payment and the other party who is the user of such assets.
Answer given by Shubhamm Sir at 16-May-2023 03:46 PM
Copyright © 2022 www.shubhammsukhlecha.com. All rights reserved.