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by kumarvvr 1971 days ago
Its like you leasing your house. Your assets still show the house. The lease holders address is the house. If you just see the records, there are two houses. But if you actually count, thereis 1 physical house.
2 comments

It's more like you lease a house from the owner and then lease it out again. There are two leases, but only one house. The house has been leased 200%.
No it's actually selling the leased house and needing to buy it back after your lease expires.

Selling leased stuff is not allowed for a reason.

No it's like you leasing your house. Selling the house to a third party. One party (your buyer) owns the house. The original owner also owns the same house, since he only leased it to you.

But houses are non- distinguishable. You don't need to give him back exactly that house, just an identical one.