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The narrower term 'tenancy' describes a lease in which the tangible property is land (including at any vertical section such as airspace, storey of building or mine).A premium is an amount paid by the tenant for the lease to be granted or to secure the former tenant's lease, often in order to secure a low rent, in long leases termed a ground rent.
A utility trailer is a general purpose trailer designed to by towed by a light vehicle and to carry light, compact loads of up to a few metric tonnes. It typically has short metal sides (either rigid or folding) to constrain the load, and may have cage sides, and a rear folding gate or ramps. Utility trailers do not have a roof.