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hello welcome back to another video and weve now looked at the first content requirement of a lease and that is exclusive possession and in this video were going to look at the other two main requirements the main content requirements for Elise so lets begin now the second of these content requirements the first being exclusive possession the second content requirement is a rent or a premium now this requirement means that there needs to be a rent or a premium in place so it is requiring that occupation must be in return for some sort of payment okay as things currently stand it is not entirely clear whether this content requirement still exists or whether it has been removed in stratum Alfred lord hey Minh in the form of rent or a premium to be essential to a lease but Fox in Ashburn installed an Arnold felt unable to read Street a Mountford as establishing a principle of new rent new lease on the basis that this would be inconsistent with the definition in the law of property at