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What is the difference between occupation and possession?

What is the difference between occupation and possession?

is that occupation is an activity or task with which one occupies oneself; usually specifically the productive activity, service, trade, or craft for which one is regularly paid; a job while possession is control or occupancy of something for which one does not necessarily have private property rights.

What are the responsibilities of a lessee on a lease?

In the duration of the lease period, the lessee is responsible for taking care of the asset and conducting regular maintenance in case the subject of the lease is equipment or machinery. If the subject of the lease is an apartment, the lessee must not carry out any structural changes without the permission of the lessor.

Can a licence to occupy be used as a lease?

Essentially, if the party occupying the premises can lock out the owner of the premises then it will generally be deemed to be a lease, rather than a licence. Parties should be aware, therefore, that although they may intend to enter into a licence to occupy, such arrangements carry an inherent risk of being deemed a lease.

Is the sublicensee entitled to exclusive possession of the premises?

The sublicensee is not entitled to exclusive possession of the premises. The subject matter of a lease or licence is much the same – both involve a right to use premises in a certain way.

What’s the difference between a lessor and a lessee?

The lessor is in charge of covering everyday operating expenses (such as buying ink for a printer). The lessee uses the asset or equipment for a fixed portion of the asset’s life and does not bear the cost of maintenance.

Who is liable for the breach of duty of a lessee?

Liability of Lessee or Lessor The general rule with regard to liability of a lessor or lessee of leased premises is that the breach of duty is that of an occupant and not of a landlord. Therefore the liability always falls upon a lessee or tenant.

In the duration of the lease period, the lessee is responsible for taking care of the asset and conducting regular maintenance in case the subject of the lease is equipment or machinery. If the subject of the lease is an apartment, the lessee must not carry out any structural changes without the permission of the lessor.

Who is considered the owner of a leased premises?

Usually, in an injury of third persons from leased premises, the lessee or tenant having control of the leased premises is deemed the owner. Therefore, the fact that a shop was running in a leased premise will in no way lessen a lessee’s duty of keeping the premises reasonably safe for customers.

When is the lessor required to keep the premises in repair?

where the lessor is required by law or undertakes to keep or assist in keeping the premises in repair; or. where the lessor’s negligence or participation is the proximate cause of the injury.

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