In which of the following does a person have a true lease?
A) When a person rents a hotel room
B) When a person's one-year commercial lease has expired and he has paid no further rent but remains on the premises without the agreement or consent of the lessor
C) When a person has contracted for the use of a warehouse for a two-month period commencing June 10, 2018
D) When a person has been given permission to sleep on a cot in the dark room used at the photography shop where he works
E) When a person pays by the hour to use a woodworking shop along with other users

Question

Quizplus · Accepted Answer

C) When a person has contracted for the use of a warehouse for a two-month period commencing June 10, 2018, represents a true lease because it involves a formal agreement specifying a fixed term for the use of property in exchange for rent.

In Which of the Following Does a Person Have a True