To transfer ownership. 1  the owner can use the transferable registration. 2  make sure the registration document is marked transferable on the front. 3  the seller whose name appears on the registration must sign the back and provide a bill of sale.
A lease addendum is an added agreement to an existing lease. It is usually agreed upon at the signing of the lease and is a part of the legally binding agreement. Keep Learning.
FAS 13: Accounting for Leases INTRODUCTION 1. This Statement establishes standards of financial accounting and reporting for leases by lessees and lessors. For purposes of this Statement, a lease is defined as an agreement conveying the right to use property, plant, or equipment (land and/or depreciable assets) usually for a stated period of time.