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 Sale-and-Leaseback, is a financial transaction, where one sells an asset and leases it back for the long-term; therefore, one continues to be able to use the asset but no longer owns it.
 
The transaction is generally done for fixed assets, notably real estate, planes, trains and automobiles. The purposes are varied, including financing, accounting, and taxing.
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Registered Agent | David Sydow | The Sydow firm, LLP Attorneys and Counselors at Law | 1980 Post Oak Boulevard, Suite 2100 | Houston, TX 77056
SALE-AND-LEASEBACK