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Leased fee estate
Leased fee estateAn 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. RELATED TERMS-------------------------------------- Ownership Title to property. The right by which a thing belongs to some one in particular, to the exclusion of all other persons. Interest 1) Estates. The right which a man has in a chattel real, and more particularly in a future term. It is a word of less efficacy and extent than estates, though, in legal understanding, an interest extends to estates, rights and titles which a man has in or out of lands, so that by a grant of his whole interest in land, a reversion as well as the fee simple shall pass. 2) Contracts. The right of property which a man has in a thing, commonly called insurable interest. 3) Evidence. The benefit which a person has in the matter about to be decided and which is in issue between the parties. 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. Right 1) Sometimes it signifies a law, as when we say that natural right requires us to keep our promises, or that it commands restitution, or that it forbids murder. In our language it is seldom used in this sense. 2) It sometimes means that quality in our actions by which they are denominated just ones. This is usually denominated rectitude. 3) It is that quality in a person by which he can do certain actions, or possess certain things which belong to him by virtue of some title. In this sense, we use it when we say that a man has a right to his estate or a right to defend himself. Occupancy The taking possession of those things corporeal which are without an owner, with an intention of appropriating them to one's own use. Pothier defines it to be the title by which one acquires property in a thing which belongs to nobody, by taking possession of it, with design of acquiring. 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. Receive To receive. Voluntarily to take from another what is offered. Rent Estates, contracts. A certain profit in money, provisions, chattels, or labor, issuing out of lands and tenements in retribution for the use. SIMILAR TERMS-------------------------------------- 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. 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. 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-------------------------------------- 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 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. 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 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. Ledger book Ecclesiastical law. The name of a book kept in the prerogative courts in England. It is considered as a roll of the court, but, it seems, it cannot be read in evidence. Legacy A bequest or gift of goods or chattels by testament. This word, though properly applicable to bequests of personal estate only, has nevertheless been extended to property not technically within its import, in order to effectuate the intention of the testator, so as to include real property and annuities. We thank you for using the Juridical Dictionary to search for Leased fee estate. If you have a better definition for Leased fee estate than the one presented here, please let us know by making use of the suggest a term option. This definition of Leased fee estate may be disputed by other professionals. 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