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Distinguishing aspect in between "tenancy" and "lease"isn't the manner of payment her latest blog of lease although the interval for which land is rented out by landlord. In the event of "lease" preset interval is stipulated although in the event of "tenancy" occupier retains land until the exact same is terminated expressly or by implication.

Leasing Regulation & Linked Issues There is often no lease without a existing demise. A mere arrangement to grant a lease in potential won't be a lease.