The main point of the proposed legislation is that a tenant's right under an ultra-long lease is akin to a right of ownership and so it would provide for such a right to be automatically converted to a right of ownership on an appointed day, with compensation for the former landlord.

BBC: Justice Committee

Its 6, 739 members own or lease seats that give them the right to trade futures contracts and options on futures contracts ( Click here or definitions).

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Its 6, 739 members own or lease seats that give them the right to trade futures contracts and options on futures contracts (for definitions, see box, p. 68).

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Upon entering into secondary lease, landowners often have a first right of refusal so that they can negotiate with other energy companies.

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The main point of the proposed legislation is that a tenant's right under an ultra-long lease - one that's been registered for over 175 years with more than a 100 years left to run - is akin to a right of ownership.

BBC: Justice Committee

He stressed that both lease duration and apartment location are negotiable, if the right situation comes up.

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If they are not declared in default they have the right to unlimited renewals of the 99-year lease on the current terms which are very favorable to them.

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Our contributor Jim Gorzelany notes that it actually outsells about half the cars marketed in the U.S. right now, albeit bolstered by cut-rate lease deals and other deep bribes for consumers.

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French centre-right MEP Agne Le Brun said it would give a "new lease of life" to producers in France.

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