Lease Definition & Meaning - Merriam-Webster
The meaning of LEASE is a contract by which one conveys real estate, equipment, or facilities for a specified term and for a specified rent; also : the act of such conveyance or the term for which it is made.
Lease Definition and Complete Guide to Renting - Investopedia
2022年4月9日 · What Is a Lease? A lease is a contract outlining the terms under which one party agrees to rent an asset—in this case, property—owned by another party.
LEASE | English meaning - Cambridge Dictionary
LEASE definition: 1. to make a legal agreement by which money is paid in order to use land, a building, a vehicle, or…. Learn more.
Lease - Wikipedia
A lease is a legal contract, and thus enforceable by all parties under the contract law of the applicable jurisdiction. In the United States, since it also represents a conveyance of possessory rights to real estate, it is a hybrid sort of contract that involves qualities of a deed.
LEASE definition and meaning | Collins English Dictionary
A lease is a legal agreement under which someone pays money to another person in exchange for the use of a building or piece of land for a specified period of time. He took a 10-year lease on the house.
What Is a Lease? - The Balance
2022年5月31日 · A lease is a contract between two parties: the lessor (or owner of the property) and the lessee (the one who will be using the property). It acts as an alternative to purchasing the property, whether that’s a condo, a car, or a commercial building.
LEASE Definition & Meaning - Dictionary.com
a contract renting land, buildings, etc., to another; a contract or instrument conveying property to another for a specified period or for a period determinable at the will of either lessor or lessee …
Lease Definition & Meaning | Britannica Dictionary
The lease expires next month. = The lease runs out next month. This medicine gives patients a new lease on life. The band has given this style of music a new lease on life. She leases a red convertible. I have leased this house for the last four years. We leased the house to a young married couple.
LEASE - Meaning & Translations | Collins English Dictionary
is a legal agreement under which someone pays money to another person in exchange for the use of a building or piece of land for a specified period of time. property or something such as a car, or if someone leases it to you, they allow you to use it in return for regular payments of money. What is this an image of?
Lease Agreement - Definition, Examples, Cases, Processes
2015年12月21日 · A lease agreement is a legal contract designed to protect both the person leasing the asset (“lessee”) and the owner of the asset (“lessor”). To explore this concept, consider the following lease agreement definition.