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Which of the Following Is Not a True Statement Regarding

Question 1

Multiple Choice

Which of the following is not a true statement regarding leases?


A) A lease grants the lessee the right to share possession of the property with the landowner for a specified period.
B) The lessor can be referred to as the landlord and the lessee as a tenant.
C) The common law approach to leases has been modified by various state Acts.
D) Leases are generally categorised as residential or commercial.

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