Massachusetts General Laws ch. 48 sec. 77A – Holding real estate for public use; lease of land or public building
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Section 77A. A fire district may hold real estate for the public use of its inhabitants and may by its prudential committee let or lease for not more than ten years, on such terms as said committee may determine, land, a public building or part thereof.
Terms Used In Massachusetts General Laws ch. 48 sec. 77A
- 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