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Record 1,  Textual support,  English

Record number: 1, Textual support number: 1 CONT

Because of the differences in the legal relationships created by an assignment of lease on one hand, and a sublease on the other, the distinction between the two must be carefully noted.... When the tenant assigns the lease to a third party, the assignee becomes the tenant of the landlord with resulting privity of estate between the two.... Thus, in the case of an assignment, covenants which touch and concern the land are enforceable between the assignee and the landlord. A sublease creates no direct relationship between the subtenant and the landlord.(Anger & Honsberger, 2nd ed., 1985, p. 259)  1, record 1, English, - assignment%20of%20lease

Record 1,  Textual support,  French

Record number: 1, Textual support number: 1 OBS

cession de bail : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO).  2, record 1, French, - cession%20de%20bail

Record 1,  Textual support,  Spanish

Record 2,  Textual support,  English

Record number: 2, Textual support number: 1 CONT

A lessor leases an asset(for example, equipment) to a lessee and obtains nonrecourse financing from a financial institution using the lease receivable and the asset as collateral. Concurrently, or at a later date, the lessor sells the asset subject to the lease and the nonrecourse financing to a third party and leases the asset back. The lessor remains the principal lessor with the equipment user. In exchange for the asset, the lessor receives cash and a note receivable and may also retain an interest in the residual value of the leased asset and remarketing rights. These transactions are commonly referred to as "wrap lease transactions. "  2, record 2, English, - wrap%20lease%20transaction

Record 2,  Textual support,  French

Record number: 2, Textual support number: 1 DEF

Opération par laquelle une entité acquiert un bien, le loue à un locataire, obtient un prêt sans autre garantie que le bien loué et les loyers futurs [...], cède à un tiers le bien loué ainsi que l'emprunt, et reprend le bien à bail tout en respectant le bail initial et demeurant en substance le premier bailleur en vertu du bail initial.  1, record 2, French, - bail%2Dcession%2Dbail

Record 2,  Textual support,  Spanish

Record 3,  Textual support,  English

Record number: 3, Textual support number: 1 DEF

An arrangement by which an independent firm buys equipment from the manufacturer and in turn leases it to the end user.  2, record 3, English, - third%20party%20lease

Record number: 3, Textual support number: 1 OBS

The middleman firm is called the third party.  2, record 3, English, - third%20party%20lease

Record 3,  Textual support,  French

Record 3,  Textual support,  Spanish

Record number: 3, Textual support number: 1 DEF

Contrato o acuerdo por el que una firma independiente compra el equipo al fabricante, para luego arrendárselo al usuario final.  2, record 3, Spanish, - arrendamiento%20a%20terceras%20partes