Lease (Ro.: locaţiune, Fr.: bail, n.m./ location à bail, n.m., Gr.: μίσθωση, Cz.: nájem) (See also: conveyance, possession, property, rent, tenancy, sublease) =  a contractual agreement where the legal owner (the lessor)  of an asset, tangible or intangible, grants the exclussive possession of that asset  to another (the lessee), for a certain price, and for a certain amount of time. 


Useful links

Legislation - Romanian Civil Code, Art. 1777-1785, Romania [Romanian];jsessionid=7FBBC3A884F879DDBA89B0FEB6F737F3.tpdila10v_3?idArticle=LEGIARTI000006442673&cidTexte=LEGITEXT000006070721&dateTexte=20060406 – Code Civil, France [French] - BGB, §535, Germany [German] - Civil Code, Art. 930-940, Romania [Romanian]!fragment/sec1851 - Civil Code of Québec, LRQ, c C-1991, s 1851, Canada [English] - Land Registration Act 2002, Sch 3, para 1, s116, UK [English]

Case Law - Street v. Mountford [1985] UKHL 4 (May 2, 1985) - AG Securities v. Vaughan [1988] UKHL 8 (November 10, 1988) - Daejan Investments Ltd. v. Benson & Ors [2011] EWCA Civ 38 (January 28, 2011)

Online Publications - Artemenkov, Andrey Igorevich, Michailetz, Vladimir B., Artemenkov, Igor Lvovich, 2008, Valuation of Leasehold Interests: Their Worth, Exchange Value and Relation to Rent, Social Science Research Network - Kwon, Youngjoon, Lee, Yong-Shik, 2012, The Legal Analysis of Traditional Leasehold in Korea (Chonsegwon) from a Comparative Legal Perspective, Social Science Research Network  - Real Property Law and Procedure in the European Union, General Report - Remien, Oliver, Tenancy Law in Europe and the Principles of European Contract Law


Aldridge, Trevor M., 1980, Leasehold Law, Volume 3, Oxford, Longman 

Gray, Kevin J., Gray, Susan Francis, 2011, Land Law, 7th ed., Core Text Series, Oxford, Oxford University Press


By Radu Șomlea