The agreement by which one party holds possession of the real property owned by another is a lease. The person who owns the real property is known as the lessor or landlord. The lessee, or tenant, is the one who occupies the property.
The relationship of landlord and tenant is created by contract. An oral lease is valid at common law, but statutes in most States require written leases for certain tenancies. Many States provide that a lease for a term exceeding three years must be in writing. Statutes in other States require written leases when the term exceeds one year.
The following elements are necessary to the establishment of the relationship of landlord and tenant:
" The occupying of the land must be with the consent of the landlord.
" A reversionary interest in the land must remain in the landlord. That is, the landlord must be entitled to retake the possession of the land upon the expiration of the lease.
" The tenant must have present possession in the land. This means a right to be in possession of the land now.
Broward Florida Lease or Rental of Vacant Property or Lot with Lessee to have the right to Construct Improvements offers individuals and businesses an opportunity to utilize and develop undeveloped properties in Broward County, Florida. This type of lease or rental agreement allows the lessee, or tenant, to have not only the right to occupy the property but also the right to make improvements and construct structures on the leased land. There are various types of Broward Florida Lease or Rental of Vacant Property or Lot with Lessee to have the right to Construct Improvements, including: 1. Residential Property Lease: This type of lease allows individuals or families to lease a vacant lot or property in Broward County with the option to construct residential buildings such as single-family homes, apartments, or townhouses. 2. Commercial Property Lease: Businesses can lease vacant lots or properties in Broward County for commercial purposes. With the right to construct improvements, lessees can build office buildings, retail spaces, warehouses, or any other structures catering to their specific business needs. 3. Industrial Property Lease: This type of lease provides lessees with the opportunity to lease vacant land or properties specifically designed for industrial use. Lessees can construct manufacturing plants, distribution centers, or other industrial facilities tailored to their operations. 4. Mixed-Use Property Lease: Some properties in Broward County are zoned for mixed-use, allowing lessees to construct a combination of residential, commercial, and/or industrial buildings on the leased land. This provides flexibility and enables the creation of vibrant communities with a blend of different types of establishments. 5. Agricultural Property Lease: Broward County also offers lease options for vacant agricultural lots or properties where lessees can engage in farming activities, establish nurseries, or develop other agricultural enterprises. The right to construct improvements allows lessees to create infrastructure necessary for their agricultural pursuits. Under these lease agreements, lessees typically gain long-term rights to the property and have the ability to make improvements, subject to any applicable permits, regulations, and design guidelines. The lease terms, rental rates, and specific conditions may vary depending on the type of property and the intended use. Broward Florida Lease or Rental of Vacant Property or Lot with Lessee to have the right to Construct Improvements serves as an excellent opportunity for individuals, investors, and businesses seeking to utilize undeveloped land in Broward County and create spaces that align with their vision and objectives.