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This document discusses key aspects of leasehold law in the UK, including: 1) It defines a lease as both a contract and an estate, granting exclusive possession of land for a determinate period. 2) Formalities are required to create a valid lease, including using a deed for leases over three years. Leases must also have certainty of duration. 3) The key distinction between a lease and license is that a lease grants exclusive possession, while a license only grants personal rights to occupy land. Street
- Author
- HarrietSarahJackson
- Language
- EN