In practice, the main impact will be on contracts that are not in the legal form of a lease agreement, but involve the use of a particular asset and may therefore contain a lease agreement, such as outsourcing, order manufacturing, transmission and electricity contracts. Currently, this assessment is based on IFRIC 4; HOWEVER, IFRS 16 replaces IFRIC 4 with new guidelines that differ in some important respects. IFRS 16 is the first comprehensive review of the leasing balance sheet in more than 30 years. The new standard will apply to most companies that report and participate in leasing in accordance with IFRS and that will have a significant impact on the accounts of real estate and quality equipment leasing companies. Tenants who rent commercial real estate have a large number of rental types, all structured in such a way that they entrust more responsibilities to the tenant and offer the landlord a higher additional profit. The proposed definitions are being considered for inclusion in the Economictimes.com In order to circumvent the general principle that derives from contract law, several jurisdictions have laws to bind sub-tenants to some of the restrictive agreements (conditions) of headlease, for example in England and Wales, those held by the courts, to touch and affect the country.  For example, an agreement to share much of a lessor`s ownership or, for no particular space in a building, may void the conclusion of a lease agreement, but this common requirement of a lease is interpreted differently in many jurisdictions. During this evaluation, a customer takes into account his rights to the extent defined in the contract. For example, if a contract states that a customer can only print up to a certain number of pages during the lifetime of a printer, the customer only considers the economic benefits of using the printer for those pages, not beyond . .