perpetual lease definition

perpetual lease means a perpetual lease under the Crown Lands Act 1929; "prescribed amount" means—

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perpetual lease means a lease for a term of 999 years.

perpetual lease means any leasehold interest in Vermont land, and every estate in Vermont land other than fee simple absolute, the title to which is held by a municipal corporation according to section 2401 of this title, arising out of or created by an instrument of lease that conveys to a person designated as lessee the right to possess, enjoy, and use the land in perpetuity or substantially in perpetuity. “Perpetual lease” shall include leasehold interests that are subject to restrictions on the lessee’s use of the land and shall include lands that the municipal corporation may repossess for nonpayment of rent or other default under the terms of the lease.

More Definitions of perpetual lease

perpetual lease means any leasehold interest in Vermont land, and

perpetual lease means a lease of State land granted for the purposes of land settlement and which shall endure in perpetuity unless it lapses or is terminated or surrendered;

perpetual lease means a perpetual lease under the Crown Lands Act 1929;

perpetual lease means the lease which may be granted by the Governor in Council to the State under the Land Act 1994 (Qld) which includes the Leased Area.

perpetual lease means the perpetual lease under the Land ▇▇▇ ▇▇▇▇ (Qld) in favour of the State issued in accordance with section 84C of the Transport Infrastructure Act, that includes the Leased Area.

perpetual lease means a perpetual lease within the meaning of the Crown Lands Act 1929 ;