A legal agreement in which a landlord agrees to rent out a property to a tenant for a specific period of time. A lease typically outlines the terms and conditions of the rental agreement, including the amount of rent, the length of the lease, and any restrictions on the use of the property. There are two main types of lease agreements: a fixed-term lease and a periodic lease, each with its own terms, conditions and legal implications.
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What does lease mean?
Related terms
Specifications
Escrow Account
Fair Credit Billing Act
amenities
Percentage Lease (Retail Only)
Corporate Relocation
Security
Commencement Date
Americans With Disabilities Act
Certificate of Deposit Index
Real Estate Attorney
Loan Constant
Capital Expenditure
Access
Acceleration Clause
Inspection report
Aluminum siding
Term Length
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