GEMET
General
Multilingual
Environmental
Thesaurus
lease
Definition

Any agreement which gives rise to relationship of landlord and tenant (real property) or lessor and lessee (real or personal property). Contract for exclusive possession of lands or tenements for determinate period. Contract for possession and profits of lands and tenements either for life, or for certain period of time, or during the pleasure of the parties.

Related terms
Broader:
Other relations
    Wikipedia article:
  • Lease
Scope note

Scope note is not available.

Concept URL: http://www.eionet.europa.eu/gemet/concept/11611