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Simple English definitions for legal terms

perpetual lease

Read a random definition: with recourse

A quick definition of perpetual lease:

A perpetual lease is a type of contract where someone who owns property lets someone else use it in exchange for money. The lease can last forever and there are different types of leases for different purposes, like for businesses or for mining. When someone leases property, they don't own it, but they can use it as if they did.

A more thorough explanation:

Definition: A perpetual lease is a type of lease that has no set expiration date and continues indefinitely until terminated by either the lessor or lessee. It is a grant of lands in fee with a reservation of a rent in fee.

Example: A landowner grants a perpetual lease to a tenant for a piece of land. The tenant pays rent to the landowner indefinitely, and the lease continues until either party decides to terminate it.

Explanation: A perpetual lease is a unique type of lease that does not have a set end date. It is often used for properties that have a long-term value, such as land or buildings. The lease continues until either the lessor or lessee decides to terminate it. In the example, the landowner grants a perpetual lease to a tenant, and the tenant pays rent indefinitely. This means that the tenant can use the land for as long as they want, as long as they continue to pay rent. The landowner also benefits from receiving rent payments indefinitely, making it a mutually beneficial arrangement.

perpetual injunction | perpetually renewable lease

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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