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________ is the use of other's property for a discussed period of time and with the permission of the owner.

Question

________ is the use of others' property for a discussed period of time and with the permission of the owner.

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Solution

The term you are looking for is "lease." A lease is a legal agreement between a landlord (the property owner) and a tenant, which allows the tenant to use or occupy a property for a specified period of time, typically in exchange for rent or other compensation. This arrangement provides both parties with certain rights and responsibilities. The lease document outlines the duration of the tenancy, the rent amount, maintenance responsibilities, and other conditions of occupancy. Leases can vary in length, often ranging from a few months to several years, depending on the needs of both the tenant and the landlord. It’s essential for both parties to understand the terms included in the lease to avoid future disputes.

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