Hi all, the answer to last week's legal English quiz is d) Lease. Here is our definition from our new book "Drafting Commercial Contracts - Vocabulary Series:
Lease (noun): This is a very popular type of agreement that permits a party to use property, land, vehicles or a piece of equipment for a period of time. Under a lease agreement ownership and legal title remains with the owner. Associated Words: Title (noun).
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Have a wonderful week and weekend :)
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