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Terms Used In Kansas Statutes 59-2301

  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC

As used in this article [*], the word “lease,” unless the context otherwise indicates, means a lease for more than three years, or an oil and gas or other mineral lease; the word “mortgage” includes an extension of an existing mortgage, subject to the provision of Kan. Stat. Ann. § 59-1809.