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lease for years — A contract between lessor and lessee by which the lessor contracts to grant the possession and enjoyment of land, or hereditaments of a demisable nature, for a period of years certain, and the lessee usually agrees to render to the lessor a rent… … Ballentine's law dictionary
lease renewable forever — A lease for a term of years, often for ninety nine years, with unlimited option for renewal. 32 Am J1st L & T § 1039 … Ballentine's law dictionary
lease — 1 / lēs/ n [Anglo French les, from lesser to grant by lease, from Old French laisser to let go, from Latin laxare to loosen, from laxus slack] 1 a: a contract by which an owner of property conveys exclusive possession, control, use, or enjoyment… … Law dictionary
Lease — (l[=e]s), n. [Cf. OF. lais. See {Lease}, v. t.] 1. The temporary transfer of a possession to another person in return for a fee or other valuable consideration paid for the transfer; especially, A demise or letting of lands, tenements, or… … The Collaborative International Dictionary of English
Lease and release — Lease Lease (l[=e]s), n. [Cf. OF. lais. See {Lease}, v. t.] 1. The temporary transfer of a possession to another person in return for a fee or other valuable consideration paid for the transfer; especially, A demise or letting of lands, tenements … The Collaborative International Dictionary of English
Lease — A lease is a legal document, but can be an oral arrangement, which confers a right on one person (called a tenant or ) to possess property belonging to another person (called a landlord or lessor) to the exclusion of the owner landlord. The… … Wikipedia
lease — Noun: A contract for the possession and profits of lands and tenements on the one side, and a recompense of rent or other income on the other. A conveyance by one to be known as the landlord to another to be known as the tenant, ordinarily for a… … Ballentine's law dictionary
lease — v. a. Let (for a term of years) … New dictionary of synonyms
term — n often attrib 1: a specified period of time the policy term 2: the whole period for which an estate is granted; also: the estate itself 3 a: the period in which the powers of a court may be validly exercised b … Law dictionary
Allerton Hotel for Women — The Allerton Hotel for Women, 130 East 57th Street in the New York City borough of Manhattan, is a seventeen story brick, limestone, and terra cotta building designed by Arthur Loomis Harmon in 1920. It was built on the southeast corner of… … Wikipedia
outstanding term — A lease for a term of years entitled to protection against grantees, heirs, and devisees of the lessor … Ballentine's law dictionary