The Conditions of the Lessor and the Lessee
Issue No.1850- The lease contract is an agreement under which someone rents out himself or his property to someone else. The person who gives something on lease as well as the person who takes it on lease should be mature and sane, should conclude the agreement with intention and out of free will, and they should legally be allowed to utilize their properties. Hence, it would be invalid to enter a contract with a mentally incompetent individual who is not able to manage his/her properties properly and uses them wastefully.
