
ELaw Ghana
February 21, 2025 at 06:13 AM
*A LAW TERM TODAY*
*(21-02-2025)*
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*PARTIAL LEASE*
_"A partial lease is a lease which gives the lessee a term of use for a period that is shorter than the standard or full lease term. Terms of a partial lease vary according the the individual contract. In some cases, a partial lease involves a co-op between you and another lessee, where you split the bills in half. Some partial leases credit the term of a partial lease toward a full lease agreement._ _Partial leases are commonly found in stable contracts involving the use of its horses. Contract language of the particular partial lease contract should be consulted for applicable requirements."_
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