concurrent lease
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Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • concurrent lease — A second lease made by the owner of the reversion to a person other than the tenant under the first lease, covering all or part of the same premises as the first lease, the terms of the two leases including at least some time in common. 32 Am… …   Ballentine's law dictionary

  • lease of the reversion — A lease of property already subject to a lease, which is granted out of the reversion. It is also known as a concurrent lease. Sometimes a lease of the reversion may be called an overriding lease, however, that term has a specific meaning in the… …   Law dictionary

  • lease — 1 / lēs/ n [Anglo French les, from lesser to grant by lease, from Old French laisser to let go, from Latin laxare to loosen, from laxus slack] 1 a: a contract by which an owner of property conveys exclusive possession, control, use, or enjoyment… …   Law dictionary

  • lease — Any agreement which gives rise to relationship of landlord and tenant (real property) or lessor and lessee (real or personal property). Smith v. Royal Ins. Co., C.C.A.Cal., Ill F.2d 667, 671. A contract for exclusive possession of lands,… …   Black's law dictionary

  • lease — Any agreement which gives rise to relationship of landlord and tenant (real property) or lessor and lessee (real or personal property). Smith v. Royal Ins. Co., C.C.A.Cal., Ill F.2d 667, 671. A contract for exclusive possession of lands,… …   Black's law dictionary

  • concurrent — Running together; having the same authority; acting in conjunction; agreeing in the same act or opinion; pursuit of same course; contributing to the same event; contemporaneous. Co operating, accompanying, conjoined, associated, concomitant,… …   Black's law dictionary

  • concurrent — Running together; having the same authority; acting in conjunction; agreeing in the same act or opinion; pursuit of same course; contributing to the same event; contemporaneous. Co operating, accompanying, conjoined, associated, concomitant,… …   Black's law dictionary

  • Lend-Lease — (Public Law 77 11) [http://books.google.com/books?id=hUoIaQqipboC pg=PA28 Crossed Currents By Jean Ebbert, Marie Beth Hall, Edward Latimer Beach] was the name of the program under which the United States of America supplied the United Kingdom,… …   Wikipedia

  • Islamic banking — Banking A series on Financial services …   Wikipedia

  • Oklahoma State System of Higher Education — Established March 11, 1941 Type Public University System Chancellor Dr. Glen D. Johnson, Jr. Location Oklahoma City, Oklahoma …   Wikipedia

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