Most Read. 1  Brussels starts to freeze Britain out of EU contracts. 2  Labour draws up most leftwing manifesto since Foot. 3  Goldman crashes to bottom of class as bets turn sour.  The gospel of Jeff Bezos is based on an 1  illusion. How the Bible Belt lost God and found Trump.
Definition. Agreement between a landlord and a business outlining terms and conditions of property rental. A commercial lease is specific to renters using the property for business or other commercial purposes versus residential use. commercial lease is specific to renters using the property for business or other commercial purposes versus residential use.
Wet and damp leasing. Wet Leasing is defined under EU regulations as an agreement between air carriers pursuant to which the aircraft is operated under the AOC of the Lessor. Damp Lease is defined as a wet-leased aircraft that includes a cockpit crew but not cabin attendants.