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Leases are binding legal agreements which are an essential part of any business. You will be expected to demonstrate a strong understanding of leases in your F1, F2, OCS and MCS exams. In this video, Astranti's F-pillar and case study expert James Nutting provides a short introduction to leases. James can show you: +The definition of a lease, and what the 'right to control' actually includes +How substitution rights can be included in leases +Practical examples of how these rights can be used === This video is an extract from Astranti's full set of F1 tuition videos. These videos are available exclusively as part of the F1 course, which also includes a study text, practice questions and full tutor support to give you the best possible chance of passing the exam - all backed up with our pass guarantee. Find out more about our CIMA tuition courses and sign up today: F1 - https://www.astranti.com/cima/operati... F2 - https://www.astranti.com/cima/managem... Start your FREE Astranti membership today to get unlimited access to all materials in the first week of every objective test course, plus a full mock exam! https://www.astranti.com/amember/signup === Wherever you are in your CIMA studies, the Astranti YouTube channel is regularly updated with theory guides, question walkthroughs and revision advice to help you get that pass. Give your revision a boost by taking advantage of our free videos - be sure to like, subscribe, and enable notifications: / astranticima