Examlex
Identify and state the historical significance of the following:
-League of Nations
Commercial Tenancy
An arrangement where a business leases or rents commercial property from a landlord for use as business premises.
Lessee
A person who leases or rents property from another called the lessor, typically under a lease agreement.
Lessor
The party that owns a property and allows another party to use it in exchange for rent, typically under the terms of a lease agreement.
Vacant Possession
A term in property law ensuring that a property is empty and available for the new owner or tenant at the time of sale or lease.
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