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Open it e they have not complied with the appropriate formalities (see para 3.5.4.2 above). Equity will recognise an equitable lease where the document the parties have used complies with the requirements of the LP(MP)A 1989, s 2; If there has been a <span>mere agreement to grant a lease, i.e. an agreement that a lease will be granted/created in the future. Remember, such agreements, to be valid land contracts, would have to comply with the LP(MP)A 1989,
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