What is the equitable interest of this case? e.g. trust, equitable lease?

A and B negotiated to carry on a business repairing earth moving equipment. A and B signed an agreement with a lease that was subsequently to be execu

A and B negotiated to carry on a business repairing earth moving equipment. A and B signed an agreement with a lease that was subsequently to be executed
and registered. The lease: B to occupy A’s land for 5 years
B guaranteed the obligations of C to pay rent at $25,000
B would house A’s rare flowers for further cultivation and export at the site. The lease was executed in registrable form but not registered.

or:A and B negotiated to carry on a business repairing earth moving equipment. A and B signed an agreement with a lease that was subsequently to be executedand registered. The lease: B to occupy A\u2019s land for 5 yearsB guaranteed the obligations of C to pay rent at $25,000B would house A\u2019s rare flowers for further cultivation and export at the site. The lease was executed in registrable form but not registered.

Tags:equipment,repairing,