A lease is the written agreement under which the property owner allows the tenant to use the property for a period of time in exchange for the payment of rent. A sale is an agreement in which property is transferred from a seller to a buyer for a fixed price.
deed of undertaking
the registered lease deed will automatically expired on completion of term of lease and no need to register cancellation of lease deed. and how ever a notice from lessor is to issued on completion of term of lease for handed over of premises.
A deed grants full and absolute ownership of the property. You can sell it or leave it to your heirs by your will. A lease is a contract that permits you the use and possession of the property only, for a finite period of time and for consideration.
it is a liability..
The difference is that a Limited warranty only offers warranty on objects that are labeled 87SQ-7681Qa76T. Sheriffs Deed is a deed that indicates your right for a object labeled QW786289-27252T.
A mineral rights conveyance involves the minerals below the surface of the land, not the surface land itself.
In this sense an instrument is a written legal document that defines rights, duties, entitlements or liabilities such as a deed, contract, will, easement agreement, mortgage, etc. A deed is an instrument.
Both general warranty deeds and special warranty deeds can be used for real estate sales where a property is transferred between parties unfamiliar with each other. The difference is the extent of the coverage of the warranty.
What is the difference between a straight note and a promissory note:
Wording in condominium lease contract says the master deed takes precedent over all underlining documents. The master plan and unit deed are based off this document.
I don't think there are any laws which state that a lease must be neatly typed. They can be handwritten as long as both side know and agree to the terms of the lease.
No. A bargain and sale deed is not the same as a warranty deed. The primary difference is that a bargain and sale deed does not guarantee that the seller holds clear title to the property.