ABSTRACT
This chapter identifies roles and activities in work concerning leases and explains the types of leases and their terms and conditions. It aims to distinguish leases, tenancies and licences and describes extensions, surrender and terminations. The principal relationship between a landlord and a tenant is essentially one of property owner and occupying user respectively. Apart from separate bodies of landlord and tenant legislation affecting agricultural property, business property and residential property, various private sector representative groups have attempted to reach consensus on the approach to particular concerns. Several kinds of lease are granted by a freeholder or head lessees, the most common being the occupation lease for a property or part of a property. Tenancies are somewhat less than leases but do establish a relationship of landlord and tenant. When a new tenant takes a lease care is needed to ensure that the use of the demised premises does not increase the overall insurance rating of the whole premises.
