lease

Temporary occupancy contract

A lease is a contract for the use of an asset or property, especially real estate and housing, in return for rent.

The verb lease can characterize the relationship described in a lease from either party’s point of view.

The owner leases property to someone.

The rent payer leases the property from the owner.

A new lease on something, especially a new lease on life, is an opportunity to regain a former favorable state.

rental

tenant

One who rents property

monthly · utilities · furnished · unfurnished · sublet · eviction · occupancy · vacancy · residential · commercial

contract

agreement

Shared position between parties

stipulation · covenant · amendment · addendum · renewal · termination · breach · obligation · binding · execution

duration

term

Fixed period or word

expiration · short-term · long-term · fixed-term · renewal · extension · month-to-month · timeframe · commencement · holdover

property

apartment

Rented unit in building

  • flatLacking vertical variation
  • unitIndividual part or measure
  • premisesProperty with buildings

studio · dwelling · office · storefront · warehouse · space · building · condo · townhouse · retail

legal

liability

Legal or financial obligation

litigation · dispute · statute · regulation · indemnity · warranty · damages · remedy · default · notice

housing

roommate

One sharing living quarters

co-signer · guarantor · references · application · cosigner · sublessee

land

acreage

Amount of land owned

  • plotStoryline or land parcel
  • parcelWrapped item for shipping
  • tractArea of land

agricultural · grazing · easement · right-of-way · farmland · timberland

Categories
Opposites
property tenure/ownership status

leaseownership

Legal right of possession

own · freehold · buy · purchase · title

transactional role

leaserent out

Let for payment

let · sublet · landlord

contract status

leasecancel

Revoke or terminate

terminate · evict · vacate · forfeit · surrender

Phrases
Family

release, released, releasing, leased, releases, leasing, leases, sublease, leaseholder

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Top 20,000
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Used worldwide · Timeless · Everyday, not technical · Rated G