LEASEHOLD INTEREST COVERAGE FORM
\lˈiːshə͡ʊld ˈɪntɹəst kˈʌvəɹɪd͡ʒ fˈɔːm], \lˈiːshəʊld ˈɪntɹəst kˈʌvəɹɪdʒ fˈɔːm], \l_ˈiː_s_h_əʊ_l_d ˈɪ_n_t_ɹ_ə_s_t k_ˈʌ_v_ə_ɹ_ɪ_dʒ f_ˈɔː_m]\
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Commercial property coverage for a broken lease due to property damage stemming from a peril specified in the contract. Typically, across the lease term the lessee pays the difference between the rent paid and the total rental value.
By Henry Campbell Black
Nearby Words
- leasehold
- leasehold cost
- leasehold estate
- leasehold improvements
- leasehold interest
- LEASEHOLD INTEREST COVERAGE FORM
- leasehold interest insurance
- leasehold land
- leaseholder
- leaser
- leash