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DefinitionsLessor: One that conveys property by lease. Lessee: One that holds real personal property under a lease. Contract: A binding agreement between two or more persons or parties. Covenants: Formal, solemn binding agreement or promise for some action. Eviction: To recover property from a person by legal action; to force out or expel. Lease: A contract by which one conveys real estate; equipment or facilities for specified terms and monies. Lieu: In place of. [resources/stdfooter.html] |