Domestic Lease and International Lease

Domestic Lease

A lease transaction is classified as demesne if all parties to the agreement, namely, equipment. supplier, lessor and the lessee are domiciled in the same country.

International Lease

If the panics to the lease transaction are domiciled in different countries, it is  known us an international lease. This type of lease is further sub classified into (1) the import lease and (2) the cross-border lease.

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