CFR > Title 30 > Chapter V > Subchapter B > Part 556 > Subpart F > Lease Obligations
Current as of: 2024 | Check for updates
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Other versions
| § 556.604 | What are my rights and obligations as a record title owner? |
| § 556.605 | What are my rights and obligations as an operating rights owner? |
Terms Used In CFR > Title 30 > Chapter V > Subchapter B > Part 556 > Subpart F > Lease Obligations
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.