Which of the Following Leases Lacks Certainty of Duration and Is

question 14

Multiple Choice

Which of the following leases lacks certainty of duration and is therefore invalid?

• A)A lease for three years from 1 January 2010
• B)A lease for one year signed by the parties on 1 April 2010 but stated to commence from 1 March 2010
• C)A lease 'until the end of Semester 2, 2010'
• D)A lease 'until the tenant dies'

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Definitions:

Base Value

A reference or starting point used for comparison or calculation, often in financial indices or to measure changes in economic indicators.

Weekend Hours

The hours of operation or work scheduled on weekends, which may vary from standard weekday hours.

Percent Reduced

Indicates the percentage by which a quantity has been lowered from its original value, often used in sales and finance.

Post-Christmas Sale

A retail sales event that takes place after Christmas, offering significant discounts on merchandise to clear seasonal stock.