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.
Hennepin County, located in Minnesota, offers lease or rental options for vacant properties or lots with the added benefit of allowing lessees to construct improvements. This arrangement allows individuals or businesses to utilize vacant land for various purposes while also having the option to develop or modify the property to meet their specific needs. There are different types of Hennepin Minnesota lease or rental options available for vacant properties or lots with the right to construct improvements. Some of these types can include: 1. Commercial Lease: This type of lease is specifically designed for businesses looking to establish or expand their operations. It provides lessees with the opportunity to set up their desired commercial infrastructure or structures on the vacant property or lot. 2. Industrial Lease: Industrial leases cater to companies involved in manufacturing, warehousing, or distribution, providing them with the freedom to construct necessary facilities and structures on the vacant property or lot. 3. Residential Lease: While less common, there may be options for residential lease or rental of vacant properties or lots. This allows individuals or families to lease the land and construct their dream home or other types of dwellings, subject to local regulations and zoning laws. 4. Agricultural Lease: For those interested in farming or agricultural activities, Hennepin County may provide opportunities for leasing vacant properties or lots. Lessees can use these spaces to cultivate crops, keep livestock, or establish agricultural infrastructure and amenities. These lease or rental agreements generally entitle the lessee to construct necessary improvements on the property during the lease term, subject to any applicable rules and regulations. This can include building structures, installing utilities, or developing landscaping features that enhance the functionality and aesthetics of the land. It's important to note that specific terms and conditions may vary based on individual leasing agreements and the zoning regulations that apply to the property. Prospective lessees should consult with the Hennepin County authorities or relevant agencies to acquire detailed information about the available options and ensure that their proposed improvements comply with local guidelines. Overall, Hennepin County's lease or rental of vacant properties or lots with the right to construct improvements provides a flexible and customizable solution for businesses, individuals, or organizations seeking to utilize unused land and create a space that aligns with their specific needs and goals.
