A lease is a contractual arrangement calling for the lessee (user) to pay the lessor (owner) for use of an asset. A rental agreement is a lease in which the asset is ...

noun 1. a contract renting land, buildings, etc., to another; a contract or instrument conveying property to another for a specified period or for a period ...

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lease (l s) n. 1. a. A contract granting use or occupation of property during a specified period in exchange for a specified rent. b. The term or duration of such a ...

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LEASE BASIC RENTAL AGREEMENT OR RESIDENTIAL LEASE This Rental Agreement or Residential Lease shall evidence the complete terms and conditions under which the parties ...

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The lease gives the lessee the right to use the assets covered under the agreement for the duration of the contracted term, however, ...

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A contractual agreement by which one party conveys an estate in property to another party, for a limited period, subject to various conditions, in exchange for ...

Definition of LEASE. 1: 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 ...

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lease - definition of lease - A written agreement under which a property owner allows a tenant to use the property for a specified period of time and rent .