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  2. 99-year lease - Wikipedia

    en.wikipedia.org/wiki/99-year_lease

    The law. Under the traditional common law doctrine, the 99-year term was not seriously litteral, but merely an arbitrary time span beyond the life expectancy of any possible lessee (user) or lessor (owner). [1][2] William Blackstone (1723–1781, of Commentaries on the Laws of England fame) states that a lease was formerly limited to 40 years ...

  3. SpaceX Starbase - Wikipedia

    en.wikipedia.org/wiki/SpaceX_Starbase

    The summary then indicated that the Texas site would support up to 12 commercial launches per year, including two Falcon Heavy launches. [ 44 ] [ 45 ] [ 36 ] The first public meeting was held in May 2012, [ 45 ] [ 46 ] and the FAA released a draft Environmental Impact Statement (EIS) for the location in South Texas in April 2013.

  4. Leasehold estate - Wikipedia

    en.wikipedia.org/wiki/Leasehold_estate

    A leasehold estate is an ownership of a temporary right to hold land or property in which a lessee or a tenant has rights of real property by some form of title from a lessor or landlord. [1] Although a tenant does hold rights to real property, a leasehold estate is typically considered personal property. Leasehold is a form of land tenure or ...

  5. Closed-end leasing - Wikipedia

    en.wikipedia.org/wiki/Closed-end_leasing

    Closed-end leases are so called because they run for a fixed term, and the lessor and lessee agree in the lease contract what the residual value of the property being leased will be. In most cases (particularly in retail motor vehicle leases), the lessee has an option to purchase the property for the agreed residual value at the end of the ...

  6. Texas Panhandle set to gain 75-bed mental health facility ...

    www.aol.com/texas-panhandle-set-gain-75...

    Under the lease, TVDML will provide the Amarillo site to THHSC for just $1 per year. The state agency plans to begin construction of the mental hospital in late summer 2025, with the facility ...

  7. Net lease - Wikipedia

    en.wikipedia.org/wiki/Net_lease

    In the field of commercial real estate, especially in the United States, a net lease requires the tenant to pay, in addition to rent, some or all of the property expenses that normally would be paid by the property owner (known as the "landlord" or "lessor"). [1] These include expenses such as property taxes, insurance, maintenance, repair, and ...

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