§ 29-2-120. Lease.  


Latest version.
  • "Lease" is a contractual relationship by which one party obtains a right to the possession and usage of a certain space, property, or subsurface rights for a definite period of time.  In the event a person is permitted to come upon the land to perform some specific act, such as hunting, that individual has no "lease" but only "license" to do that act.

Laws 1974, c. 17, § 2-120, emerg. eff. April 8, 1974.