Leasing is a process by which a firm can obtain the use of a certain fixed assets for which it must pay a series of contractual, periodic, tax deductible payments. The lessee is the receiver of the services or the assets under the lease contract and the lessor is the owner of the assets. The relationship between the tenant and the landlord is called a tenancy, and can be for a fixed or an indefinite period of time (called the term of the lease). The consideration for the lease is called rent. A gross lease is when the tenant pays a flat rental amount and the landlord pays for all property charges regularly incurred by the ownership from lawnmowers and washing machines to handbags and jewellry.
Under normal circumstances, a freehold owner of property is at liberty to do what they want with their property, including destroy it or hand over possession of the property to a tenant. However, if the owner has surrendered possession to another (the tenant) then any interference with the quiet enjoyment of the property by the tenant in lawful possession is unlawful. Similar principles apply to real property as well as to personal property, though the terminology would be different. Similar principles apply to sub-leasing, that is the leasing by a tenant in possession to a sub-tenant. The right to sub-lease can be expressly prohibited by the main lease.
Florida is a state in the southeastern United States, located on the nation’s Atlantic and Gulf coasts. It is bordered to the west by the Gulf of Mexico, to the north by Alabama and Georgia and to the east by the Atlantic Ocean. Florida is the 22nd most extensive, the 4th most populous, and the 8th most densely populated of the 50 United States. The state capital is Tallahassee, its largest city is Jacksonville, and the South Florida metropolitan area is the largest metropolitan area in the southeastern U.S.
Much of Florida is situated on a peninsula between the Gulf of Mexico, the Atlantic Ocean, and the Straits of Florida. Its geography is marked by a coastline, by the omnipresence of water and the threat of hurricanes. Florida has the longest coastline in the contiguous United States, encompassing approximately 1,350 miles (2,170 km), and is the only state to border both the Gulf of Mexico and the Atlantic Ocean. Much of the state is at or near sea level and its terrain is characterized by sedimentary soils. The climate varies from subtropical in the north to tropical in the south. Its symbolic animals like the American alligator, Florida panther and the manatee, can be found in the Everglades, one of the most famous national parks in the world.