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.
Maine is a state in the New England region of the northeastern United States, bordered by the Atlantic Ocean to the east and south, New Hampshire to the west, and the Canadian provinces of Quebec to the northwest and New Brunswick to the northeast. Maine is both the northernmost and easternmost portion of New England. It is known for its scenery—its jagged, mostly rocky coastline, its low, rolling mountains, its heavily forested interior and picturesque waterways—as well as for its seafood cuisine, especially lobsters and clams.
For thousands of years, indigenous peoples were the only inhabitants of the territory that is now Maine. At the time of European encounter, several Algonquian-speaking peoples inhabited the area. The first European settlement in Maine was by the French in 1604 on Saint Croix Island, by Pierre Dugua, Sieur de Mons. The first English settlement in Maine, the short-lived Popham Colony, was established by the Plymouth Company in 1607. A number of English settlements were established along the coast of Maine in the 1620s, although the rugged climate, deprivations, and conflict with the local peoples caused many to fail over the years. As Maine entered the 18th century, only a half dozen European settlements survived. Patriot and British forces contended for Maine’s territory during the American Revolution and the War of 1812. Maine was part of Massachusetts until 1820, when it became the 23rd state on March 15 under the Missouri Compromise. Maine is the 39th most extensive and the 41st most populous of the 50 United States.