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Question: What is a lease?
Answer: By virtue of s 1 of the Law of Property Act 1925, a term of years absolute in possession is one of the two estates in land that may exist either at law or in equity. The term of years (or lease) is, consequently, one of the major forms of land ownership in England and Wales....(short extract)
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- Subject: Law
- Course: Land Law
- Level: Degree
- Year: 1st
- Mark: 76%
- Words: 1764
- Date submitted: June 27, 2009
- Date written: February, 2009
- References: No
- Document type: Essay*
- Essay ID: 2324
