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.
New Mexico is a state located in the southwest and western regions of the United States. New Mexico is also usually considered one of the Mountain States. New Mexico is the 5th most extensive, the 36th most populous, and the 6th least densely populated of the 50 United States.
Inhabited by Native American populations for many centuries, New Mexico has also been part of the Imperial Spanish viceroyalty of New Spain, part of Mexico, and a U.S. territory. Among U.S. states, New Mexico has the highest percentage of Hispanics, including descendants of Spanish colonists and recent immigrants from Latin America. It also has the second-highest percentage of Native Americans, after Alaska, and the fifth-highest total number of Native Americans after California, Oklahoma, Arizona, and Texas.
The tribes in the state consist of mostly Navajo and Pueblo peoples. As a result, the demographics and culture of the state are unique for their strong Hispanic and Native American influences. The flag of New Mexico is represented by the red and gold colors, which represent Spain, as well as the Zia symbol, an ancient Native American symbol for the sun.