If a lease transfers ownership of the property to the lessee,or contains a bargain purchase option,then this is consistent with the lease being an operating lease.

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If a lease transfers ownership of the property to the lessee or contains a bargain purchase option, then it is more likely to be considered a finance lease rather than an operating lease. Operating leases are typically shorter-term leases where ownership does not transfer to the lessee and there is no bargain purchase option.

If a Lease Transfers Ownership of the Property to the Lessee,or