EBA NPL.Lease.Type of Lease

The printable version is no longer supported and may have rendering errors. Please update your browser bookmarks and please use the default browser print function instead.

Definition of Lease / Type of Lease

Lease.Type of Lease: Type of the lease agreement with the Counterparty

EBA Field Index 13.009
Documentation Entry 349

Description

"Type of Lease" is the type of the lease agreement with the Counterparty, e.g. Triple Net (Tenant pays the base rental amount plus operating costs, including real estate taxes, insurance, maintenance, and repairs) and Net-Net Lease (Tenant pays the base rental amount, real estate taxes, and insurance premiums).

Field Characteristics

The field type is a Choice field. The following choices are available:

(a) Triple Net, where the Counterparty pays the base rental amount plus operating costs including real estate taxes, insurance, maintenance and repairs
(b) Net-Net Lease, where the Counterparty pays the base rental amount, real estate taxes, and insurance premiums

The field's importance for the Loan Tape is Important.

The field belongs to the EBA NPL Lease Table.

The field applies to 4 of the 7 EBA NPL Asset Classes. It does not apply to Residential Real Estate Loans, SME/Corporate Loans, Unsecured Loans,

The field is applicable to all borrower types.

The field is Not Confidential

Disclaimer

This text is generated automatically. Do not edit manually!
This information is provided as is. Refer to the EBA NPL Template for pointers to definitive instructions

{{#set:Field Importance=Important|Field Variability=Static|Field Type=Choice|Field Content=Event Timeline|Field Confidentiality=0}}

__SHOWFACTBOX__