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LEASE 106

Categories: Contracts

Definition (1910 Edition)

LEASE. A conveyance of lands or fenements to a person for life, for a term of years, or at will, in consideration of a return of rent or some other recompense. The person who 80 conveys such lands or tenements is termed the “lessor,” and the person to whom they are conveyed, the “lessee;” and when the lessor 80 conveys lands or tenements to a lessee, he is said to lease, demise, or let them. 4 Cruise, Dig. 58.
Source: Black's Law Dictionary, 2nd Edition (1910) — Public Domain. UK commentary and modern updates are original additions. This entry is for educational reference only and does not constitute legal advice.