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A lease is a legal document, but can be an oral arrangement, which confers a right on one person (called a tenant or lessee) to possess property belonging to another person (called a landlord or lessor) to the exclusion of the owner landlord. The relationship between the tenant and the landlord is called a tenancy, and the right to possession by the tenant is sometimes called a leasehold interest. A lease can be for a fixed period of time (called the term of the lease) but may be terminated sooner. The consideration for the lease is called rent or the rental. A lease should be contrasted to a license, which may entitle a person (called a licensee) to occupy property, but which is subject to termination at the will of the owner of the property (called the licensor). Under normal circumstances, owners of property are at liberty to do what they want with their property, including dealing with it or handing over possession of the property to a tenant for a limited period of time. However, if an owner has surrendered possession to another (ie the tenant) then any interference with the quiet enjoyment of the property by the tenant in lawful possession is itself unlawful. Similar principles apply to real property as well as to personal property, though the terminology would be different. Similar principles apply to sub-leasing, that is the leasing by a tenant in possession to a sub-tenant. The right to sub-lease can be expressly prohibited by the main lease.
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Lease Articles
Poor Credit Remortgage
by Steve Wheeler
Oct 19, 2007
A poor credit remortgage is indeed possible today. Years ago, those with poor credit could not hope to attain a remortgage on their property. Lenders throughout the United Kingdom are finding it necessary to offer a poor credit re mortgage in order...
SQL Farms Releases New Technology to Help Virtualization Providers Get Performance Metrics & Data fr
by Joe Thompson
Aug 30, 2007
Reston, VA -- August 31st 2007-- SQL Farms, Inc. announced earlier today a new technology and redistributable offerings to collect performance metrics and query data from remote SQL Server environments and data centers, without any remote installatio...
SQL Farms, Inc Releases Software Packaging & Remote SQL Server Code Deployment Solution for ISVs
by Joe Thompson
Aug 24, 2007
Reston (VA), August 27th 2007 -- SQL Farms, Inc. announced a new database code packaging and remote deployment solution to help software vendors ship projects and deploy database code changes at customer sites, without requiring any remote installati...
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