Lease Definition and Complete Guide to Renting - Investopedia
Feb 15, 2025 · A lease is a legal, binding contract outlining the terms under which one party agrees to rent property owned by another party. It guarantees the tenant or lessee use of the property and, in...
Lease - Wikipedia
A lease is a contractual arrangement calling for the user (referred to as the lessee) to pay the owner (referred to as the lessor) for the use of an asset. [1] . Property, buildings and vehicles are common …
What Is a Lease? Definition, Types, and Importance | The Motley Fool
Dec 5, 2025 · A lease is an agreement between two or more parties for one party to temporarily take control of an asset of some kind. We typically think of leases as being for buildings or units within a...
What Is a Lease Agreement? - Zillow
Jul 30, 2025 · A lease is a fixed-term contract, often lasting 6 to 12 months or more. During this time, the monthly rent is locked in, providing stability for renters who want to settle into one place for longer.
LEASE Definition & Meaning - Merriam-Webster
The meaning of LEASE is 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 conveyance or the term for which it is …
Lease Meaning Explained In Simple Terms For Everyone
Jan 1, 2025 · In simple terms, a lease is an agreement between lessor (the property owner) and lessee (the tenant) which grants the lessee the right to use the property for a specific time in exchange for rent.
What is a Lease? Definition, Types, Benefits & More
A lease is a legal agreement that enables a person or a company to utilize an asset or an estate that belongs to another party for a predetermined period while payment for the time is made. A lease is …
Leases: Understanding Their Legal Definition and Importance | US Legal ...
A lease is a legally binding contract that grants a tenant the right to use and occupy a property owned by a landlord for a specified period. This agreement outlines the responsibilities of both parties, …
What Is a Lease? Complete Guide to Lease Agreements and Rental ...
Nov 11, 2025 · A lease is a legally binding contract that allows one party (the tenant or lessee) to use another party’s property for a specified period in exchange for regular payments.
LEASE Definition & Meaning | Dictionary.com
LEASE definition: a contract renting land, buildings, etc., to another; a contract or instrument conveying property to another for a specified period or for a period determinable at the will of either lessor or …