Lease

Lease-purchase of real estate is a new model of accommodation which is increasingly applied by housing companies in Sweden. The model is based on that the tenant gets the opportunity to either continue to rent or purchase his residence, within a fixed time period for a set option price (Sorling, 2009). This master thesis is a case study about an eventual introduction of lease- purchase which entails conversion from rental apartments to tenant-owned housing for a rental property in Gnesta, which is owned by the public housing company Gnestahem. The background of the case study is that Gnesta municipality wants to investigate the opportunities for future home ownership for households within the municipality with less economic means. Previous studies indicate that conversion of properties can increase social capital between the tenants in a housing area (Klingborg & Werner, 2011). The case study is based on a property valuation of the rental property after an intended pipe renovation with the completion set to year 2021. Three different scenarios with different inflation, yield and discount rates have been measured by using the discounted cash flow method. The options for purchasing the apartments has been compared with the tenants’ opportunities to save money for using as payment in cash for either 15 % or 25 % of the option value. The subscribed future mortgage is measured in relation to age and disposable income for the household. The shareholdership method has also been analysed as an alternative to lease-purchase and conversion.
The conclusion of the results is that an option-time of ten years is preferred since it can be applied upon introducing lease-purchase to give all tenants’ best opportunities to save money, as shown in the appendix 17-19. It is uncertain what amount the total housing costs will be after conversion of the property, since these are based on the economic situation of each household and the current conditions on the real estate market. The tenants can obtain profits in case their apartments are sold, since the tenant bought it at the rental value, not the actual market value.
The most crucial recommendation for future studies are implementation of an analysis about the demand for the tenants in the property regarding conversion. If lease-purchase should be introduced for the property, it is important that Gnestahem has knowledge of which households that can afford and have interest in purchasing their apartments. The information is crucial since it is required that at least 2/3 of the tenants’ desires to make such property conversion.

WHEREAS, the LESSOR is the absolute and registered owner of a residential property described as Unit / Address, hereinafter referred to as the " LEASED PREMISES " ; WHEREAS, the LESSOR has offered to let and the LESSEE desires to lease the above condominium unit. WHEREAS, the LESSEE desires to lease the above-mentioned LEASED PREMISES, and the LESSOR is willing to lease the same unto the LESSEE, subject to the terms and conditions hereinafter specified: NOW, THEREFORE, for and in considering of the foregoing and mutual covenants herein contained, the LESSOR has let and by these present does hereby let and lease unto the LESSEE the aforesaid condominium unit known as Unit 019-000A Salcedo Square Makati, and the LESSEE hereby accepts the same by way of lease, subject to the following terms and conditions: 1. PERIOD OF LEASE-The term of this lease shall be for a period of twelve moths commencing on April 8, 2017 to April 8, 2018. The LESSEE reserves the option to renew the lease for the succeeding years upon expiration of this original lease term, and under the same terms and condition set forth herein, provided the LESSEE gives the LESSOR written notice of his intention to renew at least sixty (60) days before the expiration date of the initial lease term. 2. RENTAL – The LESSEE shall pay to the LESSOR the all-in monthly rental of Thirty Thousand Pesos (Php 30,000.00) Philippine currency, inclusive of Association Dues. 3. PAYMENT TERMS – Upon signing of this Contract, the LESSEE shall pay the LESSOR: a. The amount SIXTY THOUSAND PESOS (Php 60,000.00), which shall remain intact during the lease period, to serve as SECURITY DEPOSIT. This security deposit shall cover any unpaid bills of the LESSEE upon termination of the lease such as for water, electricity, cable or telephone, other utility bills or damage to the LEASED PREMISES and its furnishing cause by the fault of the negligence of the LESSEE, member of its household, guest, employees and assigns, excluding natural wear and tear, such amounts shall be deducted from this security deposit with the consent of

The tenant of a residential lease is under duty to pay rent regularly, on time and in full as required by section 4 (5) (a) of the Rental Housing Act 50 of 1999. Failure to pay rent on time or withholding rent is a material breach and may lead to the cancellation of lease or the landlord's refusal to renew it.

In property management, some reasons would make it imperative to terminate some tenancies so, tenant eviction is
almost inevitable. It is a global phenomenon, occurring in all parts of the world, both developing and developed
countries. The main thrust of this study is to assess the relative incidence of eviction in residential and commercial
properties in Ilorin metropolis. Primary data for this study including records of tenant evictions from residential and
commercial properties within the ten-year period were collected by self-administered questionnaires administered on
the 16 practising firms of Estate Surveyors and Valuers within Ilorin metropolis during the period covered by the study.
There were increasing trend in eviction during the period. Results showed that evictions from residential properties
accounted for 67.35 % while commercial properties accounted for 32.65%. The incidence of tenant eviction was higher
on residential properties while low income earners residing in tenement and block of flats are mostly affected. The
paper provides a basis for comparing the occurrence of evictions from residential and commercial properties with a
view to guiding policy makers, property managers and tenants.

A landlord can attach and remove the personal belongings of a third party if he has no knowledge of it. The landlord’s hypothec is therefore extended to the third party’s property provided the third party gave consent for his or her goods to be on the tenant’s leased premises indefinitely for the tenant’s use and the landlord is unaware of the fact that the goods are owned by the third party.

Since China Merchant Port Holdings and Sri Lanka signed a 99-year
Concession Agreement for the 15,000 acres of Hambantota Port in Sri
Lanka in 2017 as part of the Belt and Road Initiative (BRI), media outlets
and academics have used the agreement as a proof of China’s new
interventionist and expansionist attitude, realized through debt-trap
diplomacy. China has a reputation as the stronghold of Westphalia
sovereignty. However, the BRI and increased Chinese investments abroad
may modify its attitude toward sovereignty. In protecting its interests and its
nationals abroad, is China adopting similar legal regimes and techniques to
those adopted by Western powers in the nineteenth and twentieth centuries—
or is China taking a different path? This article, using local media reports
and interviews of important stakeholders, looks at the available sections of
the Concession Agreement of Hambantota Port and contextualizes the
agreement in light of international law and evolving Chinese conceptions of
sovereignty. It argues that China, relying on the contested and political
notion of sovereignty, is using similar legal techniques as Western powers
used since the nineteenth century, and that its understanding of sovereignty continues to be malleable in order to accommodate new evolving interests.

This paper aims to discuss the locus standi of the subtenant for paying by deposit (consignation) of rent and accessory charges owed to the lessor, even if the sublease has not been previously authorized.
The subtenant is qualified as an interested third party in the performance of the obligation incurred by the lessee, granting him the right to pay directly to the lender.

WHEREAS, the LESSOR agrees to lease-out the property to the LESSEE and the LESSEE is willing to lease the same; NOW THEREFORE, for and in consideration of the foregoing premises, the LESSOR leases unto the LESSEE and the LESSEE hereby accepts from the LESSOR the LEASED premises, subject to the following: TERMS AND CONDITIONS 1. PURPOSES: That premises hereby leased shall be used exclusively by the LESSEE for residential purposes only and shall not be diverted to other uses. It is hereby expressly agreed that if at any time the premises are used for other purposes, the LESSOR shall have the right to rescind this contract without prejudice to its other rights under the law. 2. TERM: This term of lease is for ONE (1) YEAR. From September 01, 2016 September 01, 2017 inclusive. Upon its expiration, this lease may be renewed under such terms and conditions as may be mutually agreed upon by both parties, written notice of intention to renew the lease shall be served to the LESSOR not later than seven (7) days prior to the expiry date of the period herein agreed upon. 3. RENTAL RATE: The monthly rental rate for the leased premises shall be in PESOS: Twenty thousand pesos (P 20,000.00), Philippine Currency. All rental payments shall be payable to the LESSOR. 4. DEPOSIT: That the LESSEE shall deposit to the LESSOR upon signing of this contract and prior to move-in an amount equivalent P 90,000 Philippine Currency. wherein the two (2) months deposit shall be applied as rent for the 11th and 12th months and the two (2) months advance to be applied as rent on the 1 st and 2 nd month, and P 10,000 deposit for utilities such as UNPAID Water, Electricity, CATV, Telephone, Association Dues or resulting from violation(s) of any of the provision of this contract. 5. DEFAULT PAYMENT: In case of default by the LESSEE in the payment of the rent, such as when the checks are dishonored, the LESSOR at its option may terminate this contract and eject the LESSEE. The LESSOR has the right to padlock the premises when the LESSEE is in default of payment for One (1) month and may forfeit whatever rental deposit or advances have been given by the LESSEE. 6. SUB-LEASE: The LESSEE shall not directly or indirectly sublet, allow or permit the leased premises to be occupied in whole or in part by any person, form or corporation, neither shall

Hijacked property- the court will not allow the bank and sheriff to rob an owner of his/her property that was part of a third party’s fraudulent scheme. The new owner will not only be denied the right to evict the lawful owner but will also have no right to acquire ownership.

Landlord does not have to be an owner but a putative owner and the lease can be challenged by a person with a superior title, e.g., the lawful owner.

The article provides a commentary on a lengthy inscription from Hellenistic Larissa (published by Helly & Tziafalias in 2013, cf. BE 2015. 394
and SEG 64.501), dated in the late 3rd cent. BC and more precisely in 219
by the editors. My main concern is to clarify institutional and legal questions
arising from this extremely precious document for public lands management
in Thessaly. It consists of four parts: part I (ll. 1-3), part II (ll. 39-54), part
III (ll. 55-118), and part IV (ll. 119-129). Part I is the surviving portion of
what was a decree of the polis of Larissa spelling out the terms under which
parcels of polis-land described as archaia hippoteia, belonging to the taga of
Agathokleadai, will be leased out. Part II provides the normative framework
for the required sureties. Part III contains a long list of citizens of Larissa who were successful in their bid to manage hippoteia, together with the
location of the plot, the price, the publicity fee, and the guarantors, while
part IV is a brief list of seventeen concessionaires who have paid the fines
for violating the rules on managing these plots of land. Despite the editors’
contention that the transactions can be described as sales of lands, I argue
that the use of the vocabulary of sale should not conceal the simple fact,
that the authorities of Larissa rent out these lands. First, they auctioned the
right of usufruct on hippoteia so that the higher bidder will be awarded one
of these plots; afterwards, the successful bidder had to provide guarantors
(engyoi) for the amount of the bid (timēma) and the payable rent, equal to
ten staters(dekostateiria); then, the polis-authorities had to scrutinize the guarantors and only after they approve them, the bidder could enter in the possession and management of the land. Four features of the normative system
outlined in the inscription point to auction and concession of hippoteia: i)
lack of any reference to a sale tax or duty (epōnion), there is only a publicity
fee (kērykeia); ii) imposition of fine on all those concessionaires who wish to retain the management (see Part IV), despite the violation of the terms agreed beforehand; iii) an amount of money to be paid (once or periodically it is not clear) secured by guarantors; and iv) the distinction between the bid (timēma) and the rent (dekostateiria).

The decade long struggle of the tenants of Seamen’s Institute building in Durban continue to have secure tenure with the provincial government as the owner while the seller as the landlord is in full control of the building. A government official colluded with an estate agent in a fraudulent scheme by inflating the market values of the properties and subsequently imprisoned.

OCR undertook surveys of each household, engaged the government to take control of its properties and to provide security of tenure to the tenants. It secured an undertaking from the City Treasury to engage the tenants as per the constitutional court judgment not to disconnect basic services if the owner/landlord defaulted on payment or closed the municipal account.

The survey results showed that the residents were tenants who occupied rooms / ‘units’ in terms of oral leases. Approximately 24% entered into oral leases with Pather, being tenants for between 8-14 years. Majority of the tenants (52%) were in occupation for between 1-4 years and 10% between 9-10 years.  Seven percent had tenancies for less than a year as well as 7% were in occupation for between 5-6 years, 7-8 years, 11-12 years and 13-14 years.

La aplicación e interpretación del complejo entramado normativo que regla al contrato de arrendamiento, genera ciertas dificultades que la doctrina y la jurisprudencia han debido resolver. El hecho de que sus reglas legales estén dispersas por diversos cuerpos normativos, y que en algunos casos hayan sido dictadas en momentos tan disímiles, no contribuye a la solución de las mismas, generándose un cierto desfase en su regulación que no siempre se condice con el avance del tráfico jurídico.

Habitability is now included in the amendments, as a dwelling that is safe and suitable for living in with adequate space, protection from the elements and other threats to health, physical safety of the tenant, the tenant’s household and visitors, and a structurally sound building.

O presente trabalho tem como objeto a monitoração eletrônica de presos e de apenados no ordenamento jurídico brasileiro e o crime de dano, valendo-se do método da revisão bibliográfica. O primeiro capítulo apresenta a origem do sistema de monitoração eletrônica de presos e de apenados, que remonta à década de 1960, nos Estados Unidos da América, apresentando, em seguida os diferentes sistemas de monitoração, bem como as três gerações de tecnologias utilizadas para tanto. Também expõe o histórico do primeiro projeto-piloto implantado no Brasil no Estado da Paraíba, bem como explora as diversas tentativas legislativas em que se pretendeu introduzir este instituto no ordenamento jurídico brasileiro. Após, analisa as hipóteses que em que a legislação e a jurisprudência permitem a monitoração eletrônica no âmbito criminal, concluindo com a apresentação de um conceito do que é a monitoração eletrônica de presos e de apenados. No segundo capítulo estuda-se o crime de dano previsto no Código Penal, abordando controvérsias sobre o tipo objetivo e o tipo subjetivo deste delito. Além, explora-se o significado da elementar coisa alheia, verificando-se que está contida nesta expressão a propriedade e a posse legítima. Ainda, explora-se os detalhes sobre a forma qualificada do crime de dano, sendo estudadas várias controvérsias. Por fim indica-se a natureza do processo penal pelo qual cada hipótese do crime é processada judicialmente. O terceiro e último capítulo apresenta o problema em relação à conduta do preso ou apenado que danifica o equipamento de monitoração eletrônica, expondo as consequências penais e processuais penais se a conduta for considerada atípica, crime de dano na modalidade simples ou crime de dano na modalidade qualificada. Também apresenta o caso do Estado do Rio Grande do Sul, que introduziu o instituto da monitoração eletrônica por meio de contrato de aluguel, o que leva ao estudo sobre o regime jurídico dos contratos de locação em que a Administração Pública é locatária - se de direito público ou de direito privado. Finaliza-se o estudo apresentando as decisões dos tribunais brasileiros sobre a questão em todos os sentidos - algumas em que considera-se conduta atípica, outras crime de dano simples, outras de dano qualificado -, concluindo com uma sugestão para resolver o problema no sentido de que a função pública dada para o bem, acrescida da necessidade da Administração Pública indenizar o locador do equipamento permite que a conduta seja considerada crime de dano qualificado.

This paper has as object the electronic monitoring of prisoners and offenders in the Brazilian legal system and the crime of damage, using the method of the bibliographic review. The first chapter presents the origin of the electronic monitoring system of prisoners and offenders, dating back to the 1960s, in the United States of America, and then presents the different monitoring systems as well as the three generations of technologies used for it. It also presents the history of the first pilot project implemented in Brazil, in the State of Paraíba, as well as explores the various legislative attempts in which it was tried to introduce this institute in the Brazilian legal system. After, it analyzes the hypotheses that the legislation and the jurisprudence allow the electronic monitoring at the criminal scope, concluding with the presentation of a concept on what is the electronic monitoring of prisoners and offenders. In the second chapter it is studied the crime of damage provided by the Criminal Code, addressing controversies about the objective and subjective elements of this crime. In addition, the meaning of the thing of others is explored, being verified that this expression contemplates the property and the legitimate possession. In addition, the details about the qualified forms of the crime of damage are explored, in which several controversies are studied. Finally, it indicates the nature of the criminal procedure by which each hypothesis of the crime is judicially processed. The third and last chapter presents the problem regarding the conduct of the prisoners and offenders that damages the electronic monitoring equipment, exposing the penal and procedure penal consequences if the conduct is considered atypical, crime of damage in the simple modality or crime of damage in the qualified modality. It also presents the case of the State of Rio Grande do Sul, which introduced the electronic monitoring institute by means of a lease contract, which leads to the study of the legal regime of the lease contracts in which the Public Administration is the lessee - if of public law or private law. The study ends by presenting the decisions of the Brazilian courts on the issue in all the possibilities - some in which it is considered atypical conduct, other crimes of simple damage, others of qualified damage -, concluding with a suggestion to solve the problem by the understending that the public function assigned to the object, plus the need of the Public Administration to indemnify the lessor of the equipment, allows the conduct to be considered crime of qualified damage.

U radu se raspravlja o sadržaju i značenju Ulpijanova teksta d. 19, 2, 9, 3 u analizi problema podjele rizika kod ugovora o zakupu i položaju požara među različitim pojavama koje se u rimskim pravnim izvorima navode kao oblici više sile. U okviru razmatranja naknadne nemogućnosti ispunjenja činidbe kod locatio conductio (rei), tekst d. 19, 2, 9, 3 ističe se kao jedini u vezi s locatio fundi u kojem se spominje periculum, no koji je opterećen problemom suprotstavljenih tumačenja. U radu se polazi od raščlambe predmetnog teksta te ga se postavlja u kontekst drugih fragmenata u kojima su rimski pravnici izložili rješenja u vezi sa štetom od požara kod zakupa koji su analizirani u radu. Zaključno se iznose stavovi o sadržaju i funkciji teksta te diferenciranom pristupu požaru kao obliku više sile.

El objeto del presente trabajo consiste en abstraer las características principales de la legislación autonómica de expropiación temporal del uso de viviendas, por su previsión en Cataluña, Andalucía, Navarra, Canarias y el País Vasco, y recientemente en la Comunidad Valenciana y Extremadura. A estos efectos, se examinarán los elementos comunes de esta normativa, prestando una especial atención a las particularidades que presentan las últimas disposiciones aprobadas en la Comunidad Valenciana y Extremadura, y se emitirá una valoración de su encaje constitucional. Finalmente, se analizará el arrendamiento con opción de compra para evitar el lanzamiento del deudor hipotecario, articulado en la Comunidad Valenciana como paso previo a la expropiación temporal del usufructo de viviendas.

Sokan gondolják, hogy hitel csak a hitelközvetítésre szakosodott intézmények (takarékpénztárak, bankok, hitelszövetkezetek stb.) kialakulása óta létezik. Pedig a pénzintézeti rendszer nem " puszta helyen " született meg, a fenti intézmények létrejötte előtt s azóta is mindig léteztek nemcsak kölcsönt nyújtó szervezetek, hanem a kereskedelmi és magánhitelezésnek különféle informális csatornái is. A jelenséget már több ízben tárgyalta a korábbi szak-irodalom, mégsem állíthatjuk, hogy tisztában vagyunk azzal, hosszú távon mi is köti össze a régi és a modern hitelrendszereket. Ennek a hiányérzetnek a jegyében igyekezett az MTA Történettudományi Bizottságának Gazdaságtörténeti Albizottsága által megbízott szerkesztőség a Magyar Gazdaságtörté-neti Évkönyv második kötetében ismét egymás mellé ültetni a középkor, a kora újkor és a 19–20. század kutatóit, hogy tükröztessük és szembesítsük egymással a különböző korszakok eddigi eredményeit. Az itt közölt tizennégy tanulmány nemcsak arra törekszik, hogy a nemzetközi összefüggésekbe ágyazva mutassa be a tárgyalt jelenségeket, hanem kiadványunk révén fórumot is szeretnénk teremteni ahhoz, hogy a határon inneni és túli gazdaságtörténeti kutatók rendszeresen bekapcsolódhassanak a szakmai diskurzusba.

Landlord may choose to have several tenants on one lease but it is essential to stipulate that tenants are each responsible for the performance of the lease.

A tenant or tenants must serve the notice of termination on each landlord separately in the case of joint landlords. A better option is to have a separate lease with each tenant indicating the rental amount for each tenant.

The court will order the landlord, agent or any third party who breaks the law (spoliator) to reinstate the tenant or reconnect the services, regardless of the reasons to justify the unlawful action. Spoliation, literally means an action of ruining or destroying something, and, in the legal context, it is taking the law into one’s own hands.

The person who signs as surety must be aware of the serious implication that he or she is responsible for the tenant’s lease and liable for all the tenant’s debt. The landlord can hold a third person who signed as surety and co-principal debtor, responsible for the payment of rental if the tenant is in default or unable to perform.

There is no lease if the lease period is undecided, undetermined or indefinite.  In other words, a lease does not exist if the period is without limit or restriction of time.
According to South African common law, a lease period is definite: daily, weekly, monthly, yearly (periodic leases) or for a specified fixed period such as 6 months, 1 year or 15 years.  The references in case law to an ‘indefinite’ lease as part of our law should be clarified that the lease is not a fixed lease but one that subsists on a periodic basis.

Securing an eviction was simple prior to our 1994 Constitution and the legislative changes that followed. At common law, after the lease was cancelled, the landlord merely needed to state that he or she was the lessor (owner or landlord) and was entitled to be restored possession of the property leased. At a contractual level, the lease determined the negotiated terms between the parties, the landlord however, always in a position of power.

The commercial property market in New Zealand is characterized by two standard but distinct lease environments. In Auckland, the commercial core of the economy, net leases dominate, whereas in Wellington, the political capital, gross leases are dominant. These different lease environments have the potential to strongly influence the nature of landlord and tenant relationships in these markets. Using in-depth interviews with key industry personnel, this study examines the perceptions, behaviours, experiences and key issues confronting landlords and tenants under net and gross leases. The paper examines how different lease structures affect the behavioural and attitudinal characteristics of landlords and tenants including: landlord/tenant perceptions of a lease, the operation and maintenance procedures, landlord-tenant relationship, and ultimately, overall satisfaction.

A deposit is different from a holding or application fee, which may not lead to parties concluding a lease. Does it mean that once deposit is paid, there is a lease agreement?

Why was the deposit paid? How was the amount determined? Was the deposit paid for a specific dwelling?

These are some of the questions that indicate that a lease might be in place, at least an oral one in the absence of a signed lease or an undelivered lease.

This InFocus discusses the Department of Defense's (DODs) authority to lease-out (otherwise outlease) its non-excess property. In particular, the military's use of enhanced use leases (EULs) is described with attention to: what is permitted in statute, how Congress is involved, who manages EULs in the DOD and the Military Departments, and what some of the benefits and risks are. Examples of EUL projects are also provided to show variations in generated benefits.

Landlord demanding water charges from tenant four years later can be problematic for the landlord. In the absence of a written clause that in some way enables the landlord to claim the amount he paid unintentionally, and paid consistently for four years, the tenant may not be in breach.

By using the data from a primary survey of 1100 farm households from Indian Punjab, the present study examined the impact of COVID-19 pandemic-induced disruptions on food security and farm incomes. The paddy-wheat-based production system showed resilience to the challenges of the COVID-19 situation. Farmers adapted effectively to the changed equilibrium and there was no decline in food production, land lease activity or cropping patterns. The disruptions in agricultural machinery services and input supplies led to a rise in the rent of machinery and input prices. Agricultural wages also jumped due to scarcity of agricultural labour. The study highlights no imminent threat to food supplies from Punjab and hence to national food security. It showed that farmers may need some financial support to counter the effect of rising costs of farming. There is a need to enhance the resilience of various input and output markets in agriculture in the future.

Mediation of disputes arising from lease agreements requires special skills, experience and knowledge of various relevant legislation, including the common law, contract law, the relevant constitutional provisions, case law and rules and procedures that govern dispute resolution and judicial proceedings.

A contractual right is realised through a legal process that provides the affected party an opportunity to defend itself. Such is the case with share block schemes if it intends to revoke a shareholder’s entitlement to a use agreement for a unit or flat.

A shareholder (“owner”) may rely on the South African constitution to challenge arbitrary deprivation and being denied access to the legal system. It would help if the share block company worked with the shareholder to rid the building of the nuisance tenant and in this way also avoid unnecessary legal costs.

Prescription is a way to “punish” the creditor for taking long to claim her/his debt. The claim to rental, for example, is extinguished or rendered unenforceable after three years.

A judgment obtained for a debt in South Africa will prescribe or fall away after 30 years; so would a debt for a mortgage bond, taxation and certain debts owed to the State.

Every human being in this world must definitely be able to defend themselves. There are many ways that people take to maintain their lives. One way that can be taken to maintain his life is to run a business. Along with the times, the business world has become increasingly widespread. With the development of the business world, the need for funds is inevitable both by individuals and business people who are members of a legal entity in developing their business and in improving the quality of their products, so that a satisfying profit and level of needs can be achieved. others. To meet these funding needs, more and more people are establishing a financial institution that is engaged in the provision of funds or goods that will be used by other parties in developing their business. One of the fastest growing financing institutions is leasing. At present, rent is one way for companies to acquire assets or ownership without having to go through a prolonged process.Everything has been arranged by a leasing company provided by various companies. rent is also one of the high risk avoidance measures that are currently being realized by existing entrepreneurs

There are only a few Old Elamite documents available today; however there are more than 500 legal documents from Susa, written in Akkadian, that provide us with a unique chance to study legal and social institutions of Elam in the Sukkalmah Period. The present study will edit and translate three lease documents from the Sukkalmah Period, which are known as esip-tabal contracts. A comparative study with Laws of Hammurabi reveals that a certain type of mortgage was formulated as lease, in order to provide a way to charge more interest than what is legally allowed. This essay will explain the periods of Elamite history and the variety of sources available in order to establish the historical context. Then the significance of the Akkadian texts from Susa is explained, and finally the three esip-tabal documents are studied from the perspectives of form and content.