One would typically assume that an agreement labeled as a “lease,” and designating the parties as “landlord” and “tenant,” was in fact a lease and not some other type of agreement.
Is a 'Lease' a Lease, or Something Else?
As a New York appellate court recently instructed in <i>Women's Interart Center v. New York City Economic Development Corp.</i>, a "lease" may or may not be a lease, depending on the agreement's terms.
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