Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 2
- Letting means the usage of facilities for agreed activities for a predetermined lease period.
Relevant Contract Types
Relevant Circumstances
- Temporarily leasing facilities for an event or project
- Using facilities for agreed upon activities
- Detailing the duration of facility use in a lease agreement
Relevant Sectors
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Letting means the act of accepting bids to grant a lease for a specified term under a defined agreement, covering any extensions thereof
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