annual lease
Twelve-month tenancy
An annual lease is a rental agreement that runs for one year.
The term typically refers to residential leases, where tenants commit to twelve months of occupancy at a fixed rent: We signed an annual lease on the apartment.
Annual leases contrast with month-to-month arrangements, which offer flexibility but less stability for both parties.
- rentalPaid temporary use
- tenantOne who rents property
- landlordProperty owner renting out
- agreementShared position between parties
- contractEnforceable written agreement
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- rentalsrent, car rental, rental car, rental, vehicle hire
- leasingtenant, rent, landlord rights, landlord, rental
- roommatesroommates, housemate, housemates, flatmate, flatmates
- occupancyoccupant, tenant, renter, lodger, boarder
- land tenurefreehold, leasehold, land ownership, tenancy, tenure system
annual leasemonth-to-month lease
Rental renewed each period automatically
weekly rental · short-term lease · short-term rental · long-term lease · vacation rental
annual leasehomeownership
Legally possessing residential property
property ownership · freehold · mortgage · permanent residence · squatting
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