Before June 15 , 2003 if a landlord signed a lease granting a preferential rent, all subsequent increases were based on that preferential rent, not on the higher legal rent the owner could have originally charged.
When he refused to pay, pointing to a specific clause in his original lease granting him a preferential rent for the duration of his tenancy, Mr. Doig-Marx received an eviction notice.
The largest part of Hong Kong's land area, the New Territories, had been Britain's under a 99-year lease granted in 1898.
Such tenants without a current lease are not allowed to sublease without the owner's consent, unless a previous lease granted that right.
A 99-year lease, granted in 1891 to Clunies-Ross and Murray, to mine phosphate and cut timber was transferred six years later to the Christmas Island Phosphate Company, Ltd., which was largely owned by the former lessees.
The 99-year lease granted to the firm by the Cameroonian government is adjacent to several important reserves, including world-renowned Korup National Park, and is set to replace forests and small farms.
Most leases grant gas companies broad rights to decide where they can cut down trees, store chemicals, build roads and drill.
A new constitution that is being drafted proposes that the long leases granted to some wealthy ranchers, some of which exceed 950 years, be reduced to 99 years.
But there were certain kinds of tenure that did provide the tenant protection and that were assignable: agricultural and building leases granted for a long term or in perpetuity often enabled leaseholders to enjoy rights hardly distinguishable from ownership.
While there are various exclusions, most residential tenants who own leases granted for more than 21 years at the outset, and have owned the lease for at least two years, will generally be entitled to apply.
Emphyteusis and superficies, in Roman law, leases granted either for a long term or in perpetuity with most of the rights of full ownership, the only stipulation being that an annual rent be paid and certain improvements made to the property.
