Merger Flashcards
(1 cards)
1
Q
What is merger
A
(a) Merger
- Merger is the ending of a lease when a lessee acquires either the fee simple estate or a head lease, rendering the lease redundant.
What is merger
(a) Merger
- Merger is the ending of a lease when a lessee acquires either the fee simple estate or a head lease, rendering the lease redundant.