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Describe the fundamental legal characteristics of a fixed term lease , highlighting the relative adva ntages and disadvantages (for either landlord or tenant) of a

Describe the fundamental legal characteristics of a fixed term lease , highlighting the relative adva ntages and disadvantages (for either landlord or tenant) of a long (f ixed) term lease as compared with , and contrasted to , an estate in fee simple. Fully explain your reasons and illustrate them by reference to decided English and/or Australian cases. If you refer to legislation, you should refer to Western Australian legislation and or Commonwealth of Australia (ie federal) legislation

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