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    Exam 16: Leases
  5. Question
    Land Leases Are Capitalized Only If Title Passes to the Lessee
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Land Leases Are Capitalized Only If Title Passes to the Lessee

Question 37

Question 37

True/False

Land leases are capitalized only if title passes to the lessee at the end of the lease term and the lease contract contains a bargain purchase option.

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