Everything you need to know about leasehold agreements

Most people are familiar with what leasehold is and what it entails; however there is a handful of people who don’t. This is why we have created a page on everything to do with leaseholds and how you can extend your existing one. Click here for information on property value. What is exclusive possession? The grantee must be given exclusive possession of the premises. It is for this reason that a mere lodging agreement is not a lease the control maintained by the householder is such that a lodger does not obtain exclusive possession of the room which he occupies, and he is a mere licensee. On the other hand the fact that a grantee is given exclusive possession of Read More …