According to the Merriam Webster’s Dictionary of Law, the term lease comes from the Anglo-French term les, from lesser to grant by lease, from Old French laisser to let go, from Latin laxare to loosen, from laxus slack. A lease is a contract by which an owner of property conveys exclussive possession, control, use, or enjoyment of it for a specified rent and a specified term after which the property reverts to the owner. There are several types of lease agreements such as: consumer lease, finance lease, ground lease, mineral lease or property lease – which is the most common.
Below is a video posted in Youtube by Allen & Arcadier, P.A. where attorney Rasha Lufti talks about Landlord-Tenant Law: Self-Help Eviction. Watch the video and pause it in order for you to look up the legal terms you are not currently familiar with.
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Mario González H.