Examlex
Identify and give the historical significance of each of the following terms, events, and people in a paragraph or two.
-private property
25-Year Lease
This is a rental agreement granting the lessee the right to use a property for a period of 25 years.
Written Lease
A formal document outlining the terms and conditions under which one party agrees to rent property owned by another party.
Assigning
The process of transferring rights or duties under a contract to another party.
Subletting
The act of a tenant leasing out the rented property to another party, often subject to the terms of the original lease agreement.
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