For example, Owen, the owner of the land, may have allowed Tim, the tenant, to farm the land without an agreement. Fifteen years later, Tim claims he owns the land, while Owen claims he is the actual owner of the land. Instead, Owen should have confirmed in writing that Tim is a tenant authorized to occupy the land, thus eliminating the “hostile” requirement necessary for an adverse property claim. A lease agreement is a legal-grade contract and can therefore be implemented by all parties under the contract law of the relevant jurisdiction. A lease is often referred to as a rental agreement, especially when real estate is leased. Real estate rentals are initiated by a rental application used to establish rental conditions. In addition to the basics of a rental (who, what, when, how much) a real estate rental can be much more detailed on these and other topics. The property can be rented for accommodation, parking of a vehicle or vehicle, storage, store, agricultural, institutional or government use or for other reasons. A ground lease is also called a succession law contract and allows the tenant to use a landlord`s land for a set amount of rent.. . .