Property Ownership
A Mississippi commercial property owner creates a 'sale-leaseback' transaction. This means they:
ASell the property and immediately lease it back from the new owner✓ Correct
BLease the property with an option to buy later
CSell the property and retain the mineral rights
DExchange the property for another property of equal value
Explanation
In a sale-leaseback, the property owner sells the property to an investor and simultaneously leases it back under a long-term lease. This allows the seller to convert equity to cash while continuing to occupy and use the property.
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