Lease

Lease - A Lease Agreement is a binding contract between a lessor (the owner) and a lessee (the renter) that stipulates the terms and conditions for renting out an asset, such as real estate property or an automobile. The agreement outlines details like the rental amount, lease duration, responsibilities of each party, and other specific provisions related to the rented asset.

Class Information

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Identification

Label (rdfs)
Lease
Preferred Label
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Definition and Examples

Definition
A Lease Agreement is a binding contract between a lessor (the owner) and a lessee (the renter) that stipulates the terms and conditions for renting out an asset, such as real estate property or an automobile. The agreement outlines details like the rental amount, lease duration, responsibilities of each party, and other specific provisions related to the rented asset.
Examples
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Translations

es-es
Arrendamiento
es-mx
Arrendamiento
en-gb
Lease
fr-fr
Location
pt-br
Locação
de-de
Miete
he-il
השכרת נכס
hi-in
पट्टा
ja-jp
リース
zh-cn
租赁

Class Relationships

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Additional Information

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Deprecated
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