David has been appointed a store manager at Courts and is now looking to rent a house close to his job. He finds a nice house but frankly tells the landlord that his job is insecure, depends on sales and he could be easily sacked if he performs badly as a manager. The landlord who has been desperately looking for a tenant for nine months agrees to rent out the house for "as long as David remains manager at Courts". Is there a lease? Is there an equitable lease? What sort of lease would best meet David's requirements?

Answer rating: 100% (QA)

AnswerYes there is a lease but it is what is commonly known as a leas... View the full answer