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Leases

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Leases

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1. Sharecropping

An estate that gives the lessee the right to possession until the estate is terminated by either party; the term of this estate is indefinite.In an agricultural lease - the agreement between the landowner and the tenant farmer to split the crop or the profit from its sale - actually sharing the crop.Actions of a landlord that so materially disturb or impair a tenant's enjoyment of the leased premises that the tenant is effectively forced to move out and terminate the lease without liability for any further rent.The tenancy of a lessee who lawfully comes into possession of a landlord's real estate but who continues to occupy the premises improperly after lease rights have expired.

2. Estate at sufferance

An estate that gives the lessee the right to possession until the estate is terminated by either party; the term of this estate is indefinite.Actions of a landlord that so materially disturb or impair a tenant's enjoyment of the leased premises that the tenant is effectively forced to move out and terminate the lease without liability for any further rent.The tenancy of a lessee who lawfully comes into possession of a landlord's real estate but who continues to occupy the premises improperly after lease rights have expired.In an agricultural lease - the agreement between the landowner and the tenant farmer to split the crop or the profit from its sale - actually sharing the crop.

3. Constructive eviction

The tenancy of a lessee who lawfully comes into possession of a landlord's real estate but who continues to occupy the premises improperly after lease rights have expired.Actions of a landlord that so materially disturb or impair a tenant's enjoyment of the leased premises that the tenant is effectively forced to move out and terminate the lease without liability for any further rent.In an agricultural lease - the agreement between the landowner and the tenant farmer to split the crop or the profit from its sale - actually sharing the crop.An estate that gives the lessee the right to possession until the estate is terminated by either party; the term of this estate is indefinite.

4. Estate at will

An estate that gives the lessee the right to possession until the estate is terminated by either party; the term of this estate is indefinite.The tenancy of a lessee who lawfully comes into possession of a landlord's real estate but who continues to occupy the premises improperly after lease rights have expired.Actions of a landlord that so materially disturb or impair a tenant's enjoyment of the leased premises that the tenant is effectively forced to move out and terminate the lease without liability for any further rent.In an agricultural lease - the agreement between the landowner and the tenant farmer to split the crop or the profit from its sale - actually sharing the crop.

5. Lease purchase

In an agricultural lease - the agreement between the landowner and the tenant farmer to split the crop or the profit from its sale - actually sharing the crop.A real property that is preceded by a lease - usually long-term - for a period prior to settlement. Typically done for tax or financing purposes.Actions of a landlord that so materially disturb or impair a tenant's enjoyment of the leased premises that the tenant is effectively forced to move out and terminate the lease without liability for any further rent.The tenancy of a lessee who lawfully comes into possession of a landlord's real estate but who continues to occupy the premises improperly after lease rights have expired.

6. Estate for years

The tenancy of a lessee who lawfully comes into possession of a landlord's real estate but who continues to occupy the premises improperly after lease rights have expired.An interest for a certain - exact period of time in property leased for a specified consideration.Actions of a landlord that so materially disturb or impair a tenant's enjoyment of the leased premises that the tenant is effectively forced to move out and terminate the lease without liability for any further rent.In an agricultural lease - the agreement between the landowner and the tenant farmer to split the crop or the profit from its sale - actually sharing the crop.

7. Gross lease

Actions of a landlord that so materially disturb or impair a tenant's enjoyment of the leased premises that the tenant is effectively forced to move out and terminate the lease without liability for any further rent.The tenancy of a lessee who lawfully comes into possession of a landlord's real estate but who continues to occupy the premises improperly after lease rights have expired.In an agricultural lease - the agreement between the landowner and the tenant farmer to split the crop or the profit from its sale - actually sharing the crop.A lease of property according to which a landlord pays all property charges regularly incurred through ownership - such as repairs - taxes - insurance - and operating expenses. Most residential leases are this type.

8. Percentage lease

The tenancy of a lessee who lawfully comes into possession of a landlord's real estate but who continues to occupy the premises improperly after lease rights have expired.A lease - commonly used for commercial property - whereby rental is based on the tenant's gross sales at the premises; it usually stipulates a base monthly rental plus a percentage f any gross sales above a certain amount.In an agricultural lease - the agreement between the landowner and the tenant farmer to split the crop or the profit from its sale - actually sharing the crop.Actions of a landlord that so materially disturb or impair a tenant's enjoyment of the leased premises that the tenant is effectively forced to move out and terminate the lease without liability for any further rent.

9. Market rent

In an agricultural lease - the agreement between the landowner and the tenant farmer to split the crop or the profit from its sale - actually sharing the crop.Actions of a landlord that so materially disturb or impair a tenant's enjoyment of the leased premises that the tenant is effectively forced to move out and terminate the lease without liability for any further rent.The amount of rent the property would command in a fully informed competitive marketplace - the going market rate for rental space.The tenancy of a lessee who lawfully comes into possession of a landlord's real estate but who continues to occupy the premises improperly after lease rights have expired.

10. Graduated lease

The tenancy of a lessee who lawfully comes into possession of a landlord's real estate but who continues to occupy the premises improperly after lease rights have expired.A lease that allows for increases or decreases in the amount of rent being paid during the lease term - or any renewal of that term.Actions of a landlord that so materially disturb or impair a tenant's enjoyment of the leased premises that the tenant is effectively forced to move out and terminate the lease without liability for any further rent.In an agricultural lease - the agreement between the landowner and the tenant farmer to split the crop or the profit from its sale - actually sharing the crop.

11. Contract rent

The amount of rent the tenant must pay the landlord for the use of the leased premises as specified in the lease contract.The tenancy of a lessee who lawfully comes into possession of a landlord's real estate but who continues to occupy the premises improperly after lease rights have expired.Actions of a landlord that so materially disturb or impair a tenant's enjoyment of the leased premises that the tenant is effectively forced to move out and terminate the lease without liability for any further rent.In an agricultural lease - the agreement between the landowner and the tenant farmer to split the crop or the profit from its sale - actually sharing the crop.

12. Lessee

Actions of a landlord that so materially disturb or impair a tenant's enjoyment of the leased premises that the tenant is effectively forced to move out and terminate the lease without liability for any further rent.The tenancy of a lessee who lawfully comes into possession of a landlord's real estate but who continues to occupy the premises improperly after lease rights have expired.In an agricultural lease - the agreement between the landowner and the tenant farmer to split the crop or the profit from its sale - actually sharing the crop.One to whom property is rented (or leased); usually called the tenant.

13. Ground lease

Actions of a landlord that so materially disturb or impair a tenant's enjoyment of the leased premises that the tenant is effectively forced to move out and terminate the lease without liability for any further rent.In an agricultural lease - the agreement between the landowner and the tenant farmer to split the crop or the profit from its sale - actually sharing the crop.The tenancy of a lessee who lawfully comes into possession of a landlord's real estate but who continues to occupy the premises improperly after lease rights have expired.A lease of land only - on which the tenant usually owns a building or is required to build as specified in the lease. Typically long term net leases; the tenant's rights and obligations continue until the lease expires or is terminated through default.

14. Sandwich lease

In an agricultural lease - the agreement between the landowner and the tenant farmer to split the crop or the profit from its sale - actually sharing the crop.Created when a sublease is negotiated by a tenant under a lease. Original tenant remains primarily liable for the payment of rent to the landlord and is sandwiched between the landlord and the subtenant.Actions of a landlord that so materially disturb or impair a tenant's enjoyment of the leased premises that the tenant is effectively forced to move out and terminate the lease without liability for any further rent.The tenancy of a lessee who lawfully comes into possession of a landlord's real estate but who continues to occupy the premises improperly after lease rights have expired.

15. Actual eviction

In an agricultural lease - the agreement between the landowner and the tenant farmer to split the crop or the profit from its sale - actually sharing the crop.The tenancy of a lessee who lawfully comes into possession of a landlord's real estate but who continues to occupy the premises improperly after lease rights have expired.The legal process that results in the tenant's being physically removed from the leased premises.Actions of a landlord that so materially disturb or impair a tenant's enjoyment of the leased premises that the tenant is effectively forced to move out and terminate the lease without liability for any further rent.

16. Sublease

In an agricultural lease - the agreement between the landowner and the tenant farmer to split the crop or the profit from its sale - actually sharing the crop.The tenancy of a lessee who lawfully comes into possession of a landlord's real estate but who continues to occupy the premises improperly after lease rights have expired.a lease of a property by a tenant to a subtenant.Actions of a landlord that so materially disturb or impair a tenant's enjoyment of the leased premises that the tenant is effectively forced to move out and terminate the lease without liability for any further rent.

17. Estate from period to period

An interest in leased property that continues from period to period - week to week - month to month - or year to year.Actions of a landlord that so materially disturb or impair a tenant's enjoyment of the leased premises that the tenant is effectively forced to move out and terminate the lease without liability for any further rent.In an agricultural lease - the agreement between the landowner and the tenant farmer to split the crop or the profit from its sale - actually sharing the crop.The tenancy of a lessee who lawfully comes into possession of a landlord's real estate but who continues to occupy the premises improperly after lease rights have expired.

18. Index lease

A lease that provides for adjustments for rent according to changes in a price index - such as a consumer price index.Actions of a landlord that so materially disturb or impair a tenant's enjoyment of the leased premises that the tenant is effectively forced to move out and terminate the lease without liability for any further rent.In an agricultural lease - the agreement between the landowner and the tenant farmer to split the crop or the profit from its sale - actually sharing the crop.The tenancy of a lessee who lawfully comes into possession of a landlord's real estate but who continues to occupy the premises improperly after lease rights have expired.

19. Lease option

In an agricultural lease - the agreement between the landowner and the tenant farmer to split the crop or the profit from its sale - actually sharing the crop.The tenancy of a lessee who lawfully comes into possession of a landlord's real estate but who continues to occupy the premises improperly after lease rights have expired.Actions of a landlord that so materially disturb or impair a tenant's enjoyment of the leased premises that the tenant is effectively forced to move out and terminate the lease without liability for any further rent.A lease under which the tenant has the right to purchase the property - either during the lease term or at its end.

20. Lease

In an agricultural lease - the agreement between the landowner and the tenant farmer to split the crop or the profit from its sale - actually sharing the crop.The tenancy of a lessee who lawfully comes into possession of a landlord's real estate but who continues to occupy the premises improperly after lease rights have expired.A written or oral contract between a landlord (the lessor) and a tenant (the lessee) that transfer the right to exclusive possession and use of the landlord's real property to the lessee for a specified period of time and for a stated consideration (rent).Actions of a landlord that so materially disturb or impair a tenant's enjoyment of the leased premises that the tenant is effectively forced to move out and terminate the lease without liability for any further rent.

21. Lessor

In an agricultural lease - the agreement between the landowner and the tenant farmer to split the crop or the profit from its sale - actually sharing the crop.The tenancy of a lessee who lawfully comes into possession of a landlord's real estate but who continues to occupy the premises improperly after lease rights have expired.One who rents - or leases - property to another; usually called the landlord.Actions of a landlord that so materially disturb or impair a tenant's enjoyment of the leased premises that the tenant is effectively forced to move out and terminate the lease without liability for any further rent.

22. Net lease

In an agricultural lease - the agreement between the landowner and the tenant farmer to split the crop or the profit from its sale - actually sharing the crop.A lease requiring the tenant to pay not only rent but also costs incurred in maintaining the property - including taxes - insurance - utilities - and repairs.The tenancy of a lessee who lawfully comes into possession of a landlord's real estate but who continues to occupy the premises improperly after lease rights have expired.Actions of a landlord that so materially disturb or impair a tenant's enjoyment of the leased premises that the tenant is effectively forced to move out and terminate the lease without liability for any further rent.

23. Cash rent

In an agriculture lease - the amount of money given as rent to the landowner at the outset of the lease - as opposed to sharecropping.The tenancy of a lessee who lawfully comes into possession of a landlord's real estate but who continues to occupy the premises improperly after lease rights have expired.In an agricultural lease - the agreement between the landowner and the tenant farmer to split the crop or the profit from its sale - actually sharing the crop.Actions of a landlord that so materially disturb or impair a tenant's enjoyment of the leased premises that the tenant is effectively forced to move out and terminate the lease without liability for any further rent.

24. Exculpatory clause

A clause that exculpates or excuses a landlord from liability to a tenant for negligence in maintaining leased property.Actions of a landlord that so materially disturb or impair a tenant's enjoyment of the leased premises that the tenant is effectively forced to move out and terminate the lease without liability for any further rent.In an agricultural lease - the agreement between the landowner and the tenant farmer to split the crop or the profit from its sale - actually sharing the crop.The tenancy of a lessee who lawfully comes into possession of a landlord's real estate but who continues to occupy the premises improperly after lease rights have expired.

25. Economic rent

The amount of rent the property would command in a fully informed competitive marketplace; the going market rate for rental space.In an agricultural lease - the agreement between the landowner and the tenant farmer to split the crop or the profit from its sale - actually sharing the crop.Actions of a landlord that so materially disturb or impair a tenant's enjoyment of the leased premises that the tenant is effectively forced to move out and terminate the lease without liability for any further rent.The tenancy of a lessee who lawfully comes into possession of a landlord's real estate but who continues to occupy the premises improperly after lease rights have expired.

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25 Questions

❤ If you liked Fatskills, consider supporting us by checking out The Life Manuals You Never Got.

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All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks and brands does not imply endorsement.

About | Explore | User Guide | Topics | Subjects | Doubt Solver | Career Aptitude Test | Answers | Free Tools | OSHA Basics Quiz | What Should We Know?
Privacy | Terms |

Without work one finishes nothing. - Ralph Waldo Emerson
© 2026 Fatskills.com