Juridical Dictionary

This dictionary contains:
8526
juridical terms

Lease




Lease

A special kind of contract between a property owner and a person wanting temporary enjoyment and use of the property, in exchange for rent paid to the property owner. Where the property is land, a building, or parts of either, the property owner is called a landlord and the person that contracts to receive the temporary enjoyment and use is called a tenant.

RELATED TERMS
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Special
That which relates to a particular species or kind, opposed to general; as special verdict and general verdict; special imparlance and general imparlance; special jury, or one selected for a particular case, and general jury; special issue and general issue, &c.

Contract
A negotiated oral or written agreement setting forth the terms for an exchange of value between parties (which may be individuals or companies) and under which each party promises to perform an obligation. Certain terms, such as the obligations to be performed and the terms for setting price or compensation must be mutually understood, known in legal lingo as a "meeting of the minds," and promised to by the parties to form a legal contract.

Property
Property is commonly thought of as a thing which belongs to someone and over which a person has total control. But, legally, it is more properly defined as a collection of legal rights over a thing. These rights are usually total and fully enforceable by the state or the owner against others. It has been said that "property and law were born and die together. Before laws were made there was no property. Take away laws and property ceases." before laws were written and enforced, property had no relevance. Possession was all that mattered. There are many classifications of property, the most common being between real property or immoveable property (real estate such as land or buildings) and "chattel", or "moveable" (things which are not attached to the land such as a bicycle, a car or a hammer) and between public (property belonging to everybody or to the state) and private property.

Owner
Property. The owner is he who has dominion of a thing real or person-al, corporeal or incorporeal, which he has a right to enjoy and to do with as he pleases, even to spoil or destroy it, as far as the law permits, unless he be prevented by some agreement or covenant which restrains his right.

Person
This word is applied to men, women and children, who are called natural persons.

Temporary
That which is to last for a limited time; as, a temporary sta-tute, or one which is limited in its operation for a particular period of time after its enactment the opposite of perpetual.

Enjoyment
The right which a man possesses of receiving all the product of a thing for his necessity, his use, or his pleasure.

Rent
Estates, contracts. A certain profit in money, provisions, chattels, or labor, issuing out of lands and tenements in retribution for the use.

Building
Estates. An edifice erected by art, and fixed upon or over the soil, composed of stone, brick, marble, wood, or other proper substance.

Landlord
A person firm or company which grants a lease or licence to a tenant and is accordingly responsible for the landlord's obligations under the lease. The landlord may be the owner of the freehold or a leasehold interest that permits him to underlet. now-how as a term often covers matters such as new product plans, costings, materials, production information, financial status, accountancy information, consumer lists and business information.

Receive
To receive. Voluntarily to take from another what is offered.

Tenant
Estates. One who holds or possesses lands or tenements by any kind of title, either in fee, for life, for years, or at will



SIMILAR TERMS
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Lease and release
A species of conveyance, invented by Serjeant Moore, soon after the enactment of the statute of uses. It is thus contrived; a lease, or rather bargain and sale, upon some pecuniary consideration, for one year, is made by the tenant of the freehold to the lessee or bargainee. This, is made by the tenant of the freehold to the lessee or bargainee. The lease and release, when used as a conveyance of the fee, have the joint operation of a single conveyance.

Leased fee estate
An ownership interest held by a landlord with the right of use and occupancy conveyed by lease to others: usually consists of the right to receive rent and the right to repossession at the termination of the lease.

Leasehold
The right to an estate held by lease.

Leasehold estate
The right to use and occupy real estate for a stated term and under certain conditions: conveyed by a lease.



PREVIOUS AND NEXT TERMS
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Leading counsel
English, law. When there are two or more counsel employed on the same side in a cause, he who has the principal management of the cause, is called the leading counsel, as distinguished from the other, who is called the junior counsel.

Leading question
A question which suggests an answer; usually answerable by "yes" or "no". These are forbidden to ensure that the witness is not coached by their lawyer through his or her testimony. Leading questions are only acceptable in cross-examination or where a witness is declared hostile.

League
1) In criminal law, a league is a conspiracy to do an unlawful act. 2) In contracts it is applied to agreements between states. 3) A league is a measure of length, which consists of three geographical miles.

Leakage
The waste which has taken place in liquids, by their escaping out of the casks or vessels in which they were kept.

Leal
Loyal; that which belongs to the law.

Lease

Lease and release
A species of conveyance, invented by Serjeant Moore, soon after the enactment of the statute of uses. It is thus contrived; a lease, or rather bargain and sale, upon some pecuniary consideration, for one year, is made by the tenant of the freehold to the lessee or bargainee. This, is made by the tenant of the freehold to the lessee or bargainee. The lease and release, when used as a conveyance of the fee, have the joint operation of a single conveyance.

Leased fee estate
An ownership interest held by a landlord with the right of use and occupancy conveyed by lease to others: usually consists of the right to receive rent and the right to repossession at the termination of the lease.

Leasehold
The right to an estate held by lease.

Leasehold estate
The right to use and occupy real estate for a stated term and under certain conditions: conveyed by a lease.

Ledger
Commerce, accounts, evidence. A book in which are inscribed the names of all persons dealing with the person who keeps it, and in which there is a separate account, composed generally of one or more pages for each.

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This dictionary contains 8526 terms.







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