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The landlord, Highway Properties Ltd., leased a retail location in its shopping centre to the tenant, Kelly Douglas and Co. Ltd., "to be used for grocery store and super market". The lease was agreed to on August 19, 1960, and was to take effect for a term of fifteen years from October 1, 1960. The landlord's shopping centre consisted of 11 ...
Estoppel certificate. An Estoppel Certificate (or Estoppel Letter) is a document commonly used in due diligence in real estate and mortgage activities. It is based on estoppel, the legal principle that prevents or estops someone from claiming a change in the agreement later on. [1] It is used in a variety of countries for commercial and ...
The South African law of lease is an area of the legal system in South Africa which describes the rules applicable to a contract of lease (or letting and hiring, Lat locatio conductio, Afrik huur en verhuring ). [1] : 906 This is broadly defined as a synallagmatic contract between two parties, the lessor and the lessee, in terms of which one ...
After receiving a letter in April of this year telling her to vacate or sign a lease agreement with Metropolitan Management Group, which manages the apartment complex for Hoya I, Fusco left her ...
Leasehold is a form of land tenure or property tenure where one party buys the right to occupy land or a building for a given time. As a lease is a legal estate, leasehold estate can be bought and sold on the open market. A leasehold thus differs from a freehold or fee simple where the ownership of a property is purchased outright and after ...
Ejectment. Ejectment is a common law term for civil action to recover the possession of or title to land. [1] It replaced the old real actions and the various possessory assizes (denoting county-based pleas to local sittings of the courts) where boundary disputes often featured. Though still used in some places, the term is now obsolete in many ...
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