Equipment Lease: Types of Leases | Practical Law

Equipment Lease: Types of Leases | Practical Law

A Practice Note containing an overview of the various types of equipment leases from state law (Uniform Commercial Code (UCC)), federal tax, and accounting perspectives. This Note compares and contrasts the main types of equipment leases, including UCC true leases, UCC finance leases, leases intended as security, true tax leases, operating leases, and capital leases.

Equipment Lease: Types of Leases

Practical Law Practice Note 7-508-7749 (Approx. 17 pages)

Equipment Lease: Types of Leases

by Practical Law Commercial Transactions
MaintainedUSA (National/Federal)
A Practice Note containing an overview of the various types of equipment leases from state law (Uniform Commercial Code (UCC)), federal tax, and accounting perspectives. This Note compares and contrasts the main types of equipment leases, including UCC true leases, UCC finance leases, leases intended as security, true tax leases, operating leases, and capital leases.