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A lease is a contractual arrangement calling for the lessee (user) to pay the lessor (owner) for use of an asset. In your case the asset would be the house or space. A lease will either provide specific provisions regarding the responsibilities and rights of the lessee and lessor, or there will be automatic provisions as a result of local law.

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Q: What does 'lease' mean in real estate?
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Related questions

What does real estate lease type RSF mean?

In real estate, RSF means rentable square feet.


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lease is subject to termination with proper notice


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Commercial lease management and real estate software can be found online. It can be downloaded from many software websites and real estate broker ones too.


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Commercial real estate for lease can be found in the majority of American towns. The website "City Feet" has lists of properties which can be searched by desired location.


who is the right person to talk about lease commercial?

When brokering a commercial lease you should be certain to use an qualified real estate broker. Some people prefer to even then have the lease read through by a real estate attorney before committing to the contract.


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No. A lease is a leasehold estate.


Commercial Real Estate Lease?

Get StartedA real estate lease is a written agreement between a Landlord (lessor) and a Tenant (lessee) establishing the rights and responsibilities of each party. The Landlord is the owner of real estate (also known as "premises") who leases (rents) that property to a Tenant for the Tenant's use. A "residential" lease applies to real estate used as a residence, while a "commercial" lease applies to business property.A written lease should be prepared and signed whenever property is rented, to reduce the likelihood of misunderstandings between the Tenant and the Landlord regarding the rental arrangement.


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Two kinds of certificates which are awarded for commercial real estate classes are the Fundamentals of Real Estate Finance and Commercial Lease Analysis.


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The website Commercial Real Estate is about finding Commercial Real Estate for sale and lease. You can also find Office Space and Industrial Properties and Businesses for sale.


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Where can I get commercial real estate listings?

REALTOR.com puts real estate listings for thousands of commercial properties for sale and for lease at your fingertips in regions across the United States.