Examlex
What kind of art and architecture did Philip II support in Spain?
Lessor
The party in a lease agreement who owns the property being leased out to another party, known as the lessee.
Finance Lease
A type of lease arrangement where the lessee assumes both the financial risks and rewards of asset ownership, typically involving long-term and non-cancellable terms.
Consumer Lease
A contract in which a lessee (user) pays to use goods (like a vehicle) for a fixed period without obtaining ownership.
Common Law
A legal system based on court decisions and precedents rather than statutes.
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