Different Types of Leases

  • Margaret Wilkie
  • Godfrey Cole
Part of the Macmillan Law Masters book series


As we have already seen, one of the essential characteristics of a lease is that it is for a fixed and definite duration (Lace v. Chantler (1944)), confirmed by the House of Lords in Prudential Assurance Company v. London Residuary Body (1992). Also, although its technical legal name is a term of years, it may in fact be for any period of less than a year, or even for one day.


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Copyright information

© Margaret Wilkie and Godfrey Cole 1997

Authors and Affiliations

  • Margaret Wilkie
    • 1
    • 2
  • Godfrey Cole
    • 3
  1. 1.University of SurreyUK
  2. 2.University of WestminsterUK
  3. 3.Independent Tribunal ServiceUK

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