Lease Definition and Complete Guide to Renting - Investopedia Leases are a cornerstone of property rental agreements, defining the relationship between the tenant (lessee) and the landlord (lessor) These legally binding contracts outline the conditions
LEASE Definition Meaning | Dictionary. com leased, leasing to grant the temporary possession or use of (lands, tenements, etc ) to another, usually for compensation at a fixed rate; let She plans to lease her apartment to a friend
LEASE definition and meaning | Collins English Dictionary If you lease property or something such as a car from someone or if they lease it to you, they allow you to use it in return for regular payments of money He went to Toronto, where he leased an apartment [VERB noun] She hopes to lease the building to students [VERB noun + to]
Lease - Wikipedia All kinds of personal property (e g cars and furniture) or real property (e g raw land, apartments, single family homes, and business property, which includes wholesale and retail) may be leased As a result of the lease, the owner (lessor) grants the use of the stated property to the lessee
Lease - Definition, Common Types of Leases, Examples Here are the most common forms of tenancy agreements 1 Absolute Net Lease In an absolute net lease, the tenant takes care of the entire burden, including insurance, taxes, and maintenance The absolute type is common in single-tenant systems, where the property owner builds housing units to suit the needs of a tenant
leased - Wiktionary, the free dictionary The resemblance borne by such a land carriage to a ship put under charter-party is, perhaps, closer where the entire business of one railway company, with its tracks, rolling-stock, equipments, and goodwill become leased for a certain term to another company