Lease
a lease (noun) - a legal agreement allowing the use of land, a building, a car, or equipment for a period of time in exchange for monthly rental paymentslease X (verb)
the lessee - the person who is leasing the land or building
the lessor - the person who owns the building or land and receives money from another for using it
a lease on X
enter into a lease
take out a lease
take on a lease
renew the lease
the lease is coming up for renewal
draw the lease
sign the lease
surrender the lease
terminate the lease
cancel the lease
the lease expires next month
the lease runs out next month
under the terms of the lease
a long-term lease
a short-term lease
a twenty-year lease
a lease in perpetuity
a commercial lease
lease a building
the lease on the building
lease a mine
lease out units in the building to tenants
all the equipment in the factory is leased
the dealer who leased them the vehicles
contact the dealer who leased them the vehicles
car leasing
a leasing company
a new lease on life
give a new lease on life
negotiated a new lease at the expiration of the old one
the new conditions of the lease
post a "For Lease" sign in front of the building
negotiate a lease
violate the terms of the lease
a lease purchase contract
the days when it was possible to have a lease for life
bought the short lease of a small shop in the Pimlico Road
the execution of the lease
terminate his liability under his existing lease
the tax is assessed by reference to the highest ascertainable rent which might become payable under the lease
landlords are often amenable to amendments permitting an assignment of an agreement for lease
on a temporary six-month lease which runs out at the end of June
a renewable lease
the duration of the lease
security of tenure during the duration of their lease
a reversionary lease
lease out to tenants
negotiating to lease new offices in Stockholm
a valid legal lease must be for a fixed and certain period of time
Example sentences:
* Stoddard's Swedish subsidiary, Stoddard Mattor is negotiating to lease new offices in Stockholm.
* Kasmin's shop posted a For Lease sign some weeks ago, although he remains in Cork Street until he can identify a new tenant for his property.
* But Gerald Kubasiak, president of SOAR when the lease was negotiated, states, "If the proposal does not violate the legal aspect, it clearly and absolutely violates the spirit of the agreement"
* Some of the contracts you might be offered are: hire purchase, lease purchase, lease, contract hire, balloon lease purchase and secured loan.
* These were the days when it was possible to have a lease for life.
* Two weeks later, Clare bought the short lease of a small shop in the Pimlico Road, close to Mrs Gooden's home.
* The English partners became increasingly reluctant to supplement their original investment of £1,200 per share and finally refused in 1580, and agreed to lease the works and mines to Daniel.
* The current lease expires on next month.
* Under the terms of the lease, you are liable for any repairs to the apartment building.
* We lease all the equipment in our factory.
* Parts of the building are leased out to tenants.
* You'll have to contact the dealer that leased them the vehicles.
* The client still operates from the same premises, having negotiated a new lease at the expiration of the old one.
* Negotiations with the landlords regarding a reduction of their rent demand of £100,000 per annum have been unsuccessful, and had we not used this break clause we would have been committed to the new conditions of the lease way into the twenty-first century.
* There followed an unseemly dispute between the Ecclesiastical Commissioners, who owned the freehold, and the City, which believed it had a lease in perpetuity.
* On his arrival in Australia the unnamed chestnut colt was a tall, ungainly and unsightly animal with no hint of quality, and Davis so regretted his outlay, however modest, that the only way Telford could keep the horse in training was to make an arrangement with Davis whereby Telford himself took a three-year lease on the horse, taking two thirds of any prize money won in return for footing the training bill.
* Tenants have security of tenure during the duration of their lease.
* A reversionary lease has effect from a future date (for example, after an existing lease expires) and has effect no more than 21 years from the date of the instrument that created it.
* If, however, the landlord has absolute discretion to grant consent to the tenant's exercise of a right, the reimbursement of the landlord's costs is not part of the consideration for the landlord's supply under the lease or licence to the tenant.
* Sir James has been lobbying the prime minister for a scheme to use official aid money to buy up Third World debt, sell off the principal, and swap the right to interest payments for a lease on tropical rain forests.
* The obligation may arise from an express term in the lease or may be implied by statute: e.g. the Landlord and Tenant Act 1985, ss. 11 and 12, which require the landlord to repair the exterior and structure of premises, where the lease of a dwelling house is for less than seven years.
* There is nothing in these principles to prevent the lease from creating obligations in respect of any period before the execution of the lease.
* If the tenant accepts that the property may be redeveloped he will probably wish to be looking for alternative accommodation sooner rather than later, and he will wish to move in and terminate his liability under his existing lease as soon as he finds it.
* This means that stamp duty is assessed by reference to the highest ascertainable rent which might become payable under the lease.
* Landlords are often amenable to amendments permitting an assignment of an agreement for lease, usually after any tenant's works have been completed, but subject to the assignee covenanting with the landlord to be bound by the terms and conditions of the agreement, which is not unreasonable.
* Glennis Park, from The Comet, Hurworth, is on a temporary six-month lease which runs out at the end of June.
