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Concept information

Preferred term

LEASES  

Definition

  • CONTRACT UNDER WHICH AN OWNER OF PROPERTY GRANTS ANOTHER PERSON EXCLUSIVE POSSESSION OF THE PROPERTY FOR AN AGREED PERIOD, USUALLY IN RETURN FOR RENT AND SOMETIMES FOR A CAPITAL SUM KNOWN AS A PREMIUM

Broader concept

Entry terms

  • LENGTH OF LEASE

URI

https://hasset.ukdataservice.ac.uk/a63ff4fc-7ca9-49a5-8adf-f9bbec78ae3f

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