REALWorld Law

Commercial leases

Types of lease

What types of arrangement does the law recognize which allow occupation and use of real property for a limited period of time?

Zimbabwe

Zimbabwe

A lease is the most common arrangement available in Zimbabwean law that allows for occupation and use of real property for a limited time. This grants exclusive possession to the lessee for a specified period, subject to the terms and conditions specified in the lease agreement. In terms of the Common Law, a usufructuary right of use may be granted by a property holder for the duration of the right holders’ lifetime.