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Simple English definitions for legal terms

“or” lease

Read a random definition: FSBO

A quick definition of “or” lease:

A lease is a contract where someone who owns property lets someone else use it in exchange for money. The lease can be for a certain amount of time or until one of the parties decides to end it. There are different types of leases, like a commercial lease for businesses or a month-to-month lease with no written contract. When someone leases property, they are called the lessee, and the person who owns the property is called the lessor.

A more thorough explanation:

Definition: An "OR" lease is a type of lease agreement where the lessee has the option to choose between two different lease terms.

For example, a landlord may offer an "OR" lease for a commercial property where the lessee can choose between a short-term lease of six months or a long-term lease of two years. The lessee can choose the lease term that best suits their needs.

This type of lease provides flexibility for the lessee and allows them to make a decision based on their current situation. It also benefits the landlord by attracting a wider range of potential tenants.

originator | ornest

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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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