First Principles of Business Law

Property law

2.3. Private leases of land

2.3.2. Sources of the law regulating the lease of land

 

 

 

Albert is considering leasing a suitable property for his business. He wants to know what law applies to leases of land for manufacturing purposes.

Consider the following statements and choose the one that is correct.

(a) Although residential and retail leases are regulated by legislation, a lease of land and buildings for the purposes of manufacturing is not so regulated.

(b) A lease of land and buildings for the purposes of manufacturing is regulated by legislation in the same way that residential and retail leases are.

 

 

 

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