long-term lease
Multi-year rental agreement
A long-term lease is a rental agreement extending over a substantial period, typically several years to decades.
The term appears most often in commercial real estate, where businesses secure locations for five, ten, or twenty years: The restaurant signed a long-term lease on the corner property.
Long-term leases offer tenants stability and landlords predictable income.
- rental agreementContract for temporary occupancy
- security depositRefundable tenant payment upfront
- tenancyRenter's period of residence
- landlord-tenant lawRules governing rental relationships
- contractEnforceable written agreement
amortization · lessee · rent · termination clause · guarantor · property rights · payment schedule · fair market value · tax implications · covenant · property manager · occupancy · move-in date · monthly · commitment · long haul · duration · apartment
- rentalsrent, car rental, rental car, rental, vehicle hire
- rental agreementsrental agreement, sublease, room rental, tenancy agreement, condo rental
- rental lawtenancy, rent, tenant rights, tenant, eviction
- Housing Termsapartment, room, house, home, rental
long-term leaseshort-term lease
Temporary rental contract
month-to-month lease · short-term rental · weekly rental · vacation rental · month-to-month