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.
Montana is a state in the Western United States. The western third of Montana contains numerous mountain ranges. Smaller, “island ranges” are found in the central third of the state, for a total of 77 named ranges of the Rocky Mountains. This geographical fact is reflected in the state’s name, derived from the Spanish word montaña (mountain). Montana has several nicknames, none official, including: “Big Sky Country” and “The Treasure State”, and slogans that include “Land of the Shining Mountains” and more recently, “The Last Best Place”. Montana is the 4th most extensive, but the 7th least populous and the 3rd least densely populated of the 50 United States. The economy is primarily based on services, with ranching, wheat farming, oil and coal mining in the east, and lumber, tourism, and hard rock mining in the west. Millions of tourists annually visit Glacier National Park, the Little Bighorn Battlefield National Monument, and three of the five entrances to Yellowstone National Park