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.
San Bernardino, California, offers various types of lease or rental agreements for vacant properties or lots where the lessee has the right to construct improvements. These agreements provide individuals or businesses with the opportunity to utilize vacant spaces in San Bernardino for their specific needs. Here are some details about the different types of leases or rentals available: 1. Commercial Lease or Rental of Vacant Property or Lot with Lessee to have the right to Construct Improvements: This type of lease is specifically designed for businesses looking to set up their operations in San Bernardino. Lessees have the freedom to construct improvements such as buildings, warehouses, or other structures as per their business requirements. 2. Residential Lease or Rental of Vacant Property or Lot with Lessee to have the right to Construct Improvements: This lease type targets individuals or families interested in building their dream homes in San Bernardino. Lessees have the exclusive right to construct residential structures, such as houses or apartments, on the vacant property or lot. 3. Industrial Lease or Rental of Vacant Property or Lot with Lessee to have the right to Construct Improvements: San Bernardino offers industrial areas, and this type of lease caters to businesses in manufacturing, logistics, or other industrial sectors. Lessees can utilize the vacant property or lot to develop industrial facilities like factories, workshops, or storage units. 4. Commercial-Residential Lease or Rental of Vacant Property or Lot with Lessee to have the right to Construct Improvements: This type of lease targets individuals or businesses needing a combined commercial and residential space. Lessees have the liberty to construct both commercial and residential structures within the assigned property or lot. San Bernardino California provides flexible lease or rental agreements, allowing lessees to customize the vacant property or lot according to their specific needs. Whether it's for setting up businesses, building homes, establishing industrial facilities, or combining commercial and residential spaces, San Bernardino offers a range of options to accommodate various requirements.
