Assertion: lease | /r/HasProperty | novated with a three way agreement
Facets:
value: between the lessee
type: OTHER
Source sentences:
text: A lease is novated with a three way agreement (Deed of novation) between the lessee, the lessor (usually a finance company), and a third party, under which all parties agree that the third party will take on some or all of the lessee's obligations under the lease (generally this is making the rental payments instead of the lessee).