Element Detail

Please find below Element Detail information.

Name
Lease Type

Number
1036

Definition
The type of agreement that allows the use and possession of equipment or equipment systems from a third party in return for a regularly scheduled installment payment over an agreed-upon period.

AlaskaDefinition

Element Type
ID

Field Length
4

Domains
Local Education Agency (LEA) School

Alaska Element Type

Alaska Field Length

Related Entities
Service System Building / Service System Component

Related Options
2973 - Capital lease 2974 - Master lease 2975 - Operating lease