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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.

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12y ago

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What is the difference between a Deed of Undertaking and a Deed of Assignment?

deed of undertaking


What is the effect of cancellation of a registered lease by an unregistered cancellation deed?

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.


Is deed of lease same as a lease?

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.


What is difference between freehold premises and premises on sale deed?

it is a liability..


What is the difference between a Limited warranty and sheriffs Deed?

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.


What is the difference between warranty deed and mineral deed?

A mineral rights conveyance involves the minerals below the surface of the land, not the surface land itself.


What is the difference between a deed and an instrument?

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.


Difference between a special warranty deed and a general warranty deed?

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.


Insturctions on filling out straight note secured by deed of trust?

What is the difference between a straight note and a promissory note:


Does the Master Deed take precident over the Master Plan and Unit Deed?

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.


Is a Tenancy or Lease Agreement supposed to be signed as a Deed or simply by hand?

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.


Is Grant Bargain Sale Deed a Warranty Deed?

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.