Lease, the Glossary
A lease is a contractual arrangement calling for the user (referred to as the lessee) to pay the owner (referred to as the ''lessor'') for the use of an asset.[1]
Table of Contents
91 relations: Agriculture, Apartment, Ashburn Anstalt v Arnold, Asset, Assignment (law), Blanket policy, Causation (law), Common law, Condominium, Consideration, Consumer protection, Consumerism, Contract, Deed, Driver's license, Ecoleasing, Escrow, Eviction, Fee, Fee simple, Finance lease, Fine print, Fire, Forfeiture (law), Gross lease, Home insurance, Housing tenure, Insurance, Intangible property, Investopedia, Laissez-faire, Land registration, Landlord, Law of Property Act 1925, Leasehold estate, Leasehold valuation tribunal, Lessor, Leveraged lease, License, Life estate, Lightning, Malvern, Pennsylvania, Mining, Mitchell–Lama Housing Program, Mobile network operator, New York City, Ninety Mile Beach, New Zealand, Notice, Operating lease, Operation of law, ... Expand index (41 more) »
- Leasing
Agriculture
Agriculture encompasses crop and livestock production, aquaculture, fisheries, and forestry for food and non-food products.
Apartment
An apartment (North American English), flat (British English, Indian English, South African English), or unit (Australian English) is a self-contained housing unit (a type of residential real estate) that occupies part of a building, generally on a single storey.
Ashburn Anstalt v Arnold
is an English land law case decided by the Court of Appeal. Lease and Ashburn Anstalt v Arnold are Landlord–tenant law.
See Lease and Ashburn Anstalt v Arnold
Asset
In financial accounting, an asset is any resource owned or controlled by a business or an economic entity.
See Lease and Asset
Assignment (law)
Assignment is a legal term used in the context of the laws of contract and of property. Lease and Assignment (law) are Landlord–tenant law.
See Lease and Assignment (law)
Blanket policy
Blanket policy is a policy.
Causation (law)
Causation is the "causal relationship between the defendant's conduct and end result".
Common law
Common law (also known as judicial precedent, judge-made law, or case law) is the body of law created by judges and similar quasi-judicial tribunals by virtue of being stated in written opinions.
Condominium
A condominium (or condo for short) is an ownership regime in which a building (or group of buildings) is divided into multiple units that are either each separately owned, or owned in common with exclusive rights of occupation by individual owners.
Consideration
Consideration is a concept of English common law and is a necessity for simple contracts but not for special contracts (contracts by deed). Lease and Consideration are contract law.
Consumer protection
Consumer protection is the practice of safeguarding buyers of goods and services, and the public, against unfair practices in the marketplace.
See Lease and Consumer protection
Consumerism
Consumerism is a social and economic order in which the aspirations of many individuals include the acquisition of goods and services beyond those necessary for survival or traditional displays of status.
Contract
A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties. Lease and contract are contract law and legal documents.
Deed
A deed is a legal document that is signed and delivered, especially concerning the ownership of property or legal rights. Lease and deed are legal documents.
See Lease and Deed
Driver's license
A driver's license, driving licence, or driving permit is a legal authorization, or the official document confirming such an authorization, for a specific individual to operate one or more types of motorized vehicles—such as motorcycles, cars, trucks, or buses—on a public road.
See Lease and Driver's license
Ecoleasing
Ecoleasing is a system in which goods (mainly from the technical cycle, i.e. appliances,...) are rented to a client for a certain period of time after which he returns the goods so the company that made it can recycle the materials. Lease and Ecoleasing are business law and business terms.
Escrow
An escrow is a contractual arrangement in which a third party (the stakeholder or escrow agent) receives and disburses money or property for the primary transacting parties, with the disbursement dependent on conditions agreed to by the transacting parties. Lease and escrow are legal documents.
See Lease and Escrow
Eviction
Eviction is the removal of a tenant from rental property by the landlord. Lease and Eviction are Landlord–tenant law.
Fee
A fee is the price one pays as remuneration for rights or services.
See Lease and Fee
Fee simple
In English law, a fee simple or fee simple absolute is an estate in land, a form of freehold ownership.
Finance lease
A finance lease (also known as a capital lease or a sales lease) is a type of lease in which a finance company is typically the legal owner of the asset for the duration of the lease, while the lessee not only has operating control over the asset but also some share of the economic risks and returns from the change in the valuation of the underlying asset. Lease and finance lease are business law and leasing.
Fine print
Fine print, small print, or mouseprint is less noticeable print smaller than the more obvious larger print it accompanies that advertises or otherwise describes or partially describes a commercial product or service. Lease and Fine print are business terms.
Fire
Fire is the rapid oxidation of a material (the fuel) in the exothermic chemical process of combustion, releasing heat, light, and various reaction products.
See Lease and Fire
Forfeiture (law)
In modern U.S. usage, forfeiture is deprivation or destruction of a right in consequence of the non-performance of some obligation or condition.
See Lease and Forfeiture (law)
Gross lease
A gross lease is a type of commercial lease where the tenant pays a flat rental amount, and the landlord pays for all operating expenses regularly incurred by the ownership, including taxes, electricity and water.
Home insurance
Home insurance, also commonly called homeowner's insurance (often abbreviated in the US real estate industry as HOI), is a type of property insurance that covers a private residence.
Housing tenure
Housing tenure is a financial arrangement and ownership structure under which someone has the right to live in a house or apartment.
Insurance
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury.
Intangible property
Intangible property, also known as incorporeal property, is something that a person or corporation can have ownership of and can transfer ownership to another person or corporation, but has no physical substance, for example brand identity or knowledge/intellectual property. Lease and Intangible property are property law.
See Lease and Intangible property
Investopedia
Investopedia is a global financial media website headquartered in New York City.
Laissez-faire
Laissez-faire (or, from laissez faire) is a type of economic system in which transactions between private groups of people are free from any form of economic interventionism (such as subsidies or regulations).
Land registration
Land registration is any of various systems by which matters concerning ownership, possession, or other rights in land are formally recorded (usually with a government agency or department) to provide evidence of title, facilitate transactions, and prevent unlawful disposal.
See Lease and Land registration
Landlord
A landlord is the owner of a house, apartment, condominium, land, or real estate which is rented or leased to an individual or business, who is called a tenant (also a lessee or renter).
Law of Property Act 1925
The Law of Property Act 1925 (15 & 16 Geo. 5. c. 20) is a statute of the United Kingdom Parliament.
See Lease and Law of Property Act 1925
Leasehold estate
A leasehold estate is an ownership of a temporary right to hold land or property in which a lessee or a tenant has rights of real property by some form of title from a lessor or landlord. Lease and leasehold estate are Landlord–tenant law and leasing.
See Lease and Leasehold estate
Leasehold valuation tribunal
A leasehold valuation tribunal (LVT) was a statutory tribunal in England which determined various types of landlord and tenant dispute involving residential property in the private sector.
See Lease and Leasehold valuation tribunal
Lessor
Lessor is a participant of the lease who takes possession of the property and provides it as a leasing subject to the lessee for temporary possession. Lease and Lessor are business law, business terms, contract law, Landlord–tenant law, legal documents and property law.
See Lease and Lessor
Leveraged lease
A leveraged lease or leased lender is a lease in which the lessor puts up some of the money required to purchase the asset and borrows the rest from a lender. Lease and leveraged lease are leasing.
License
A license (US) or licence (Commonwealth) is an official permission or permit to do, use, or own something (as well as the document of that permission or permit). Lease and license are business law.
Life estate
In common law and statutory law, a life estate (or life tenancy) is the ownership of immovable property for the duration of a person's life.
Lightning
Lightning is a natural phenomenon formed by electrostatic discharges through the atmosphere between two electrically charged regions, either both in the atmosphere or one in the atmosphere and one on the ground, temporarily neutralizing these in a near-instantaneous release of an average of between 200 megajoules and 7 gigajoules of energy, depending on the type.
Malvern, Pennsylvania
Malvern is a borough in Chester County, Pennsylvania, United States.
See Lease and Malvern, Pennsylvania
Mining
Mining is the extraction of valuable geological materials and minerals from the surface of the Earth.
See Lease and Mining
Mitchell–Lama Housing Program
Co-op city in the Bronx, a Mitchell–Lama development The Mitchell–Lama Housing Program is a non-subsidy governmental housing guarantee in the state of New York.
See Lease and Mitchell–Lama Housing Program
Mobile network operator
A mobile network operator (MNO), also known as a mobile network provider, wireless service provider, wireless carrier, mobile network carrier, or cellular company, is a telecommunications provider of services that sells, delivers and maintains mobile telephony services to an end user.
See Lease and Mobile network operator
New York City
New York, often called New York City (to distinguish it from New York State) or NYC, is the most populous city in the United States.
Ninety Mile Beach, New Zealand
Te-Oneroa-a-Tōhē / Ninety Mile Beach Deed Of Settlement, Ngati Kuri and the Crown.
See Lease and Ninety Mile Beach, New Zealand
Notice
Notice is the legal concept describing a requirement that a party be aware of legal process affecting their rights, obligations or duties.
See Lease and Notice
Operating lease
The expression "operating lease" is somewhat confusing as it has a different meaning based on the context that is under consideration. Lease and Operating lease are business law and leasing.
Operation of law
The phrase "by operation of law" is a legal term that indicates that a right or liability has been created for a party, irrespective of the intent of that party, because it is dictated by existing legal principles.
See Lease and Operation of law
Ownership
Ownership is the state or fact of legal possession and control over property, which may be any asset, tangible or intangible.
Panorama (British TV programme)
Panorama is a British current affairs documentary programme broadcast on the BBC.
See Lease and Panorama (British TV programme)
Parking
Parking is the act of stopping and disengaging a vehicle and usually leaving it unoccupied.
Party (law)
A party is an individual or group of individuals that compose a single entity which can be identified as one for the purposes of the law.
Peppercorn (law)
In legal parlance, a peppercorn is a metaphor for a very small cash payment or other nominal consideration, used to satisfy the requirements for the creation of a legal contract. Lease and peppercorn (law) are contract law.
See Lease and Peppercorn (law)
Personal property
Personal property is property that is movable. Lease and Personal property are property law.
See Lease and Personal property
Pet
A pet, or companion animal, is an animal kept primarily for a person's company or entertainment rather than as a working animal, livestock, or a laboratory animal.
See Lease and Pet
Policy
Policy is a deliberate system of guidelines to guide decisions and achieve rational outcomes.
See Lease and Policy
Privity of contract
The doctrine of privity of contract is a common law principle which provides that a contract cannot confer rights or impose obligations upon anyone who is not a party to that contract. Lease and privity of contract are contract law.
See Lease and Privity of contract
Privity of estate
Privity of estate is a mutual or successive legal relationship to the same right in real property, such as the relationship between a landlord and tenant. Lease and Privity of estate are Landlord–tenant law.
See Lease and Privity of estate
Property
Property is a system of rights that gives people legal control of valuable things, and also refers to the valuable things themselves. Lease and Property are property law.
Property law
Property law is the area of law that governs the various forms of ownership in real property (land) and personal property.
Public housing
Public housing is a form of housing tenure in which the property is usually owned by a government authority, either central or local.
Radio frequency
Radio frequency (RF) is the oscillation rate of an alternating electric current or voltage or of a magnetic, electric or electromagnetic field or mechanical system in the frequency range from around to around.
Real estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.
Real property
In English common law, real property, real estate, immovable property or, solely in the US and Canada, realty, refers to parcels of land and any associated structures which are the property of a person.
Recital (law)
In law, a recital (from recitare, "to read out") consists of an account or repetition of the details of some act, proceeding or fact.
Rent regulation
Rent regulation is a system of laws for the rental market of dwellings, with controversial effects on affordability of housing and tenancies. Lease and rent regulation are Landlord–tenant law.
Renting
Renting, also known as hiring or letting, is an agreement where a payment is made for the use of a good, service or property owned by another over a fixed period of time.
Right of first refusal
Right of first refusal (ROFR or RFR) is a contractual right that gives its holder the option to enter a business transaction with the owner of something, according to specified terms, before the owner is entitled to enter into that transaction with a third party. Lease and right of first refusal are contract law.
See Lease and Right of first refusal
Security deposit
A security deposit is a sum of money held in trust.
See Lease and Security deposit
Smoke
Smoke is a suspension of airborne particulates and gases emitted when a material undergoes combustion or pyrolysis, together with the quantity of air that is entrained or otherwise mixed into the mass.
See Lease and Smoke
Statute of frauds
A statute of frauds is a form of statute requiring that certain kinds of contracts be memorialized in writing, signed by the party against whom they are to be enforced, with sufficient content to evidence the contract. Lease and statute of frauds are contract law.
See Lease and Statute of frauds
Statute of Frauds
The Statute of Frauds (29 Cha. 2. c. 3) (1677) was an act of the Parliament of England.
See Lease and Statute of Frauds
Storey
A storey (British English) or story (American English), is any level part of a building with a floor that could be used by people (for living, work, storage, recreation, etc.). Plurals for the word are storeys (UK) and stories (US).
See Lease and Storey
Storm
A storm is any disturbed state of the natural environment or the atmosphere of an astronomical body.
See Lease and Storm
Surety
In finance, a surety, surety bond, or guaranty involves a promise by one party to assume responsibility for the debt obligation of a borrower if that borrower defaults.
See Lease and Surety
Surrender (law)
In common law, surrender is the term describing a situation where a tenant gives up possession of property held under a tenancy as a result of which the tenancy ends. Lease and surrender (law) are property law.
Tangible property
In law, tangible property is property that can be touched, and includes both real property and personal property (or moveable property), and stands in distinction to intangible property. Lease and tangible property are property law.
See Lease and Tangible property
The Observer
The Observer is a British newspaper published on Sundays.
Theft
Theft is the act of taking another person's property or services without that person's permission or consent with the intent to deprive the rightful owner of it.
See Lease and Theft
Time
Time is the continued sequence of existence and events that occurs in an apparently irreversible succession from the past, through the present, and into the future.
See Lease and Time
Trespasser
In the law of tort, property, and criminal law a trespasser is a person who commits the act of trespassing on a property, that is, without the permission of the owner. Lease and trespasser are property law.
Types of volcanic eruptions
Several types of volcanic eruptions—during which material is expelled from a volcanic vent or fissure—have been distinguished by volcanologists.
See Lease and Types of volcanic eruptions
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of the continental mainland.
United States
The United States of America (USA or U.S.A.), commonly known as the United States (US or U.S.) or America, is a country primarily located in North America.
Urban area
An urban area is a human settlement with a high population density and an infrastructure of built environment.
Vandalism
Vandalism is the action involving deliberate destruction of or damage to public or private property.
Vehicle insurance
Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles.
See Lease and Vehicle insurance
Vehicle leasing
Vehicle leasing is the leasing (or the use) of a motor vehicle for a fixed period of time at an agreed amount of money for the lease. Lease and vehicle leasing are business law, contract law and leasing.
Waste (law)
Waste is a term used in property law to describe a cause of action that can be brought in court to address a change in condition of real property brought about by a current tenant that damages or destroys the value of that property. Lease and Waste (law) are property law.
See also
Leasing
- Accounting for leases in the United States
- Aircraft lease
- Bareboat charter
- Chemical leasing
- Closed-end leasing
- Credit tenant lease
- Cross-border leasing
- Farmout agreement
- Finance lease
- Ground rent
- Habendum clause
- IFRS 16
- Kew Gardens (Leases) Act 2019
- Lease
- Lease administration
- Lease audit
- Leaseback
- Leasehold estate
- Leasing Foundation
- Leveraged lease
- Minimum lease payments
- NNN lease
- Net lease
- Novated lease
- Operating lease
- Pet leasing
- Residual value
- Retail leasing
- Synthetic lease
- Toronto Computer Leasing Inquiry
- Vehicle leasing
References
[1] https://en.wikipedia.org/wiki/Lease
Also known as Affermage, Asset finance, Business leasing, Equipment Lease, Equipment leasing, Fermage, Ground lease, Head lease, Land Lease, Land leasing, Lease agreement, Lease contract, Leased, Leasee, Leases, Leasing, Lessee, Periodic Tenancy, Property leasing, Sub-lease, Sub-let, Sub-letting, Sub-tenant, Sublease, Sublessor, Sublet, Sublets, Subletting, Subtenancy, Tenacy agreements, Tenancy, Tenancy agreement, Tenancy agreements, Tenancy for years, Underlease.
, Ownership, Panorama (British TV programme), Parking, Party (law), Peppercorn (law), Personal property, Pet, Policy, Privity of contract, Privity of estate, Property, Property law, Public housing, Radio frequency, Real estate, Real property, Recital (law), Rent regulation, Renting, Right of first refusal, Security deposit, Smoke, Statute of frauds, Statute of Frauds, Storey, Storm, Surety, Surrender (law), Tangible property, The Observer, Theft, Time, Trespasser, Types of volcanic eruptions, United Kingdom, United States, Urban area, Vandalism, Vehicle insurance, Vehicle leasing, Waste (law).