Created by: yuetingclaire
Number of Blossarys: 2
Validity refers to the act of being effective or binding, or having legal force.
Legal contract is a formal document that identifies the lessor, lessee, and the leased asset or property , states lease term and fee (rent), and detailed terms and conditions.
A contract means an agreement on the establishment, alteration or termination of a civil right-obligation relationship between natural persons, legal persons or other organizations as subjects with equal status.