# Lease Practice

**IRI:** https://folio.openlegalstandard.org/R7i00MVak7HQPsePKrHq2WF

## Labels

**Preferred Label:** Leasing Practice

**Alternative Labels:**

- LEA

**Translations:**

- de-de: Verpachtungspraxis
- en-gb: Lease Practice
- es-es: Práctica de arrendamiento
- es-mx: Práctica de arrendamiento
- fr-fr: Pratique de location
- he-il: תרגול השכירות
- hi-in: लीज़ अभ्यास
- ja-jp: リース実務
- pt-br: Prática de locação
- zh-cn: 租赁实践

**Hidden Label:** LEA

## Definition

A contract by which one party (landlord, or lessor) gives to another (tenant, or lessee) the use and possession of lands, buildings, property, etc. for a specified time and for fixed payments.

## Sub Class Of

- https://folio.openlegalstandard.org/RKzL5nW7IGg4mvAPFX2MUL

**Deprecated:** False

**Identifier:** T-LEA