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 Buyer Advisory 2018-2025

Aar Buyer Advisory 2018-2025 Form

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hi in this lesson we're going to talk about leases and leasehold estates now when we talk about leases another term for a lease is a demise now that may be a little confusing because normally we think about a demise as someone's death or downfall but in real estate the term demise is simply another term for a lease we don't see it used in residential leases but we do sometimes see it used in commercial leasing situations so just remember you see the word demise that's simply another term for a lease and who are the parties to Elysee well there are of course two parties there's the lessor the landlord the lessor gives the lease to the lessee the tenant so keep that in mind the lessor is the landlord the lessee is the tenant and we're going to define here for different types of tendencies for different types of leasehold estates remember freehold estates are the ownership interests we talked about those in another lesson the leasehold estat

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