Terms Used In New Hampshire Revised Statutes 423:5

  • Contract: A legal written agreement that becomes binding when signed.
  • 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
Any town acquiring aviation facilities under the provisions hereof is authorized to provide for the use thereof by contract or lease to individuals or corporations, and may establish reasonable tolls, charges, rents, or fees for such use.