Topical Terminology > Business Lease
1 Definition
Business Lease
For Business Lease we have a term and definition in Auto Lease.
Business Lease (Auto Lease) 
A lease of personal property to (1) an individual to be used primarily for business, commercial, or agricultural purposes or (2) an organization, such as a partnership, corporation, or government agency. The Consumer Leasing Act and Regulation M do not apply to business leases.
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