{"ok":true,"canonical_url":"https://dealroom.so/glossary/leased-property","api_url":"https://dealroom.so/api/public/glossary/leased-property","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"leased-property","term":"Leased Property","group":"Reading the business","definition":"This refers to real estate or equipment the business uses but doesn't own, instead paying rent or lease payments.","what_it_means":"When buying a business that operates on Leased property, you must understand the existing Lease agreement. Ensure the lease is transferable or assignable to you, or that a new lease can be negotiated. The terms of the lease significantly impact your Operating plan and Cash flow projection.","url":"https://dealroom.so/glossary/leased-property","official_sources":[],"related":[{"slug":"lease-agreement","term":"Lease agreement","url":"https://dealroom.so/glossary/lease-agreement"},{"slug":"cash-flow-projection","term":"Cash flow projection","url":"https://dealroom.so/glossary/cash-flow-projection"},{"slug":"operating-plan","term":"Operating Plan","url":"https://dealroom.so/glossary/operating-plan"},{"slug":"owner-occupied-commercial-real-estate","term":"Owner-occupied commercial real estate","url":"https://dealroom.so/glossary/owner-occupied-commercial-real-estate"}],"related_questions":[{"question":"Can an SBA 7(a) loan finance property improvements on leased land or buildings?","url":"https://dealroom.so/sba-7a/questions/can-an-sba-7-a-loan-finance-property-improvements-on-leased-land-or-buildings"},{"question":"What happens if the business I am acquiring is located in a leased property?","url":"https://dealroom.so/sba-7a/questions/what-happens-if-the-business-i-am-acquiring-is-located-in-a-leased-property"},{"question":"Can an SBA 7(a) loan finance the renovation of a leased business property?","url":"https://dealroom.so/sba-loans/basics/can-an-sba-7-a-loan-finance-the-renovation-of-a-leased-business-property"},{"question":"Can an SBA 7(a) loan finance major renovations or build-outs for leased commercial property?","url":"https://dealroom.so/sba-7a/questions/can-an-sba-7-a-loan-finance-major-renovations-or-build-outs-for-leased-commercial-property"},{"question":"If the business property is leased, can the SBA loan finance a security deposit for the lease?","url":"https://dealroom.so/sba-7a/questions/if-the-business-property-is-leased-can-the-sba-loan-finance-a-security-deposit-for-the-lea"},{"question":"If the business property is leased, can an SBA 7(a) loan finance security deposits for the lease?","url":"https://dealroom.so/sba-loans/basics/if-the-business-property-is-leased-can-an-sba-7-a-loan-finance-security-deposits-for-the-l"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Leased Property","url":"https://dealroom.so/glossary/leased-property","source_type":"DealRoom Data"}}