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In this lesson, we focus on leases as a crucial aspect of property law, discussing their formalities, creation, termination, and enforceability in UK property law. Leases allow multiple individuals to benefit from an estate in land simultaneously. It is essential to distinguish between an estate (ownership of your land) and an interest (right over another's land). A lease is a type of estate, emphasizing ownership as the most significant and enforceable proprietary right. Various characteristics of a lease are outlined.
