Lease with someone

What is the meaning of lease? When you liaise with someone , you meet up or connect with them, usually so you can work together on something cooperatively. Can I extend my lease? An extension or increase in the time in which something or someone can be useful or successful. Primarily heard in UK.

Our company was given a new lease of life when we partnered with the global corporation.

ATT leased the building to Sony and said it would find cheaper space elsewhere. We lease the land out to the forestry people. She plans to lease her apartment to a friend.

He leased the farm from the sheriff. A lease is a legal agreement under which someone pays money to another person in exchange for the use of a building or piece of land for a specified period of time. He took a 10-year lease on the house. American English: lease. I regularly liaise with the chairman of the audit committee on larger British incorporated institutions.

When one person leaves a rental unit midway through the lease , it can put the other people on the lease in a bind.

Because a lease is a written contract, the landlord can enforce it in court to get the remaining balance owed on the rental unit. To effect or establish a liaison. To act or serve as a liaison officer. Back-formation from liaison.

In law , a lease is a tenancy and the leaseholder is a tenant. A lease is a contract outlining the terms under which one party agrees to rent property owned by another party. The lease guarantees the tenant, also known as the lessee, use of an asset and. Law) a contract by which property is conveyed to a person for a specified perio usually for rent 2. Law) the instrument by which such property is conveyed 3. The company signed a lease for the property in December.

The original tenant remains liable throughout the entire term of the lease. It may be written or verbal. The tenancy agreement is a contract between you and your landlord.

For example, your right to occupy the accommodation and your landlord’s right to receive rent for letting the accommodation. At lease renewal, you can have the year old sign the lease as an adult tenant. This is important because you’ll want to update and run background checks each year on your tenants as life circumstances may change. A landlord should know if the year old tenant has a record or is considered a high-risk tenant. The short lease refers to the short period of time left to use to home and the length of this can vary, but in essence, the shorter the lease perio the less the property is worth.

If you and your roommate (or partner) are on the lease together and the other person stops paying (whether they leave or not), you might be able to cover their rent.

You can then stay in the rental, and if you want to, you can sue your roommate in court for their portion of unpaid rent. In law, a lease is a tenancy and the leaseholder is a tenant. This is an official date in the lease, agreed by the landlord and tenant, where the lease can be ‘broken’ without anyone facing a penalty.

As a tenant, you need to give your landlord months.