- building lease
- A lease of land wherein the lessee undertakes to erect buildings on the land.
Ballentine's law dictionary. Anderson, W.S.. 1998.
building lease
Look at other dictionaries:
building lease — ➔ lease2 * * * building lease UK US noun [C] PROPERTY, LAW ► in Britain, a legal arrangement in which a person or company rents land in order to build houses, shops, offices, etc … Financial and business terms
building lease — see lease Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
building lease — noun : a lease of land for a long term of years in consideration of the payment of rent and of a covenant of the lessee to erect or alter a building or other improvement thereon called also ground lease … Useful english 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 — a legal contract covering the possession and use of property, plant or equipment between the owner ( lessor) and another person ( lessee) at a given rent, for a stated length of time. Glossary of Business Terms A contract providing for the use of … Financial and business terms
Lease — A long term rental agreement, and a form of secured long term debt. The New York Times Financial Glossary * * * ▪ I. lease lease 1 [liːs] verb [transitive] COMMERCE 1. if you lease something to someone, you give them the right to use it for a… … Financial and business terms
lease — lease1 W3 [li:s] n 1.) a legal agreement which allows you to use a building, car etc for a period of time, in return for rent lease on ▪ They took out a lease on a seven acre field. ▪ The landlord refused to renew his lease . ▪ The 99 year lease… … Dictionary of contemporary English
lease — {{Roman}}I.{{/Roman}} noun ADJECTIVE ▪ long, long term ▪ short, short term ▪ ten year, etc. ▪ commercial … Collocations dictionary
lease — 1 noun (C) 1 a legal agreement which allows you to use a car, building etc for a period of time, in return for rent: take out a lease (=sign a lease so that you can rent something): We ve taken out a lease on an office building. 2 a new lease of… … Longman dictionary of contemporary English
lease — I n. 1) to take a lease 2) to lose; renew a lease 3) to cancel a lease 4) mining; (off shore) oil leases 5) a lease expires, runs out 6) under (a) lease (to hold land under lease) 7) (misc.) a new lease of (BE), on (AE) life ( a new chance to… … Combinatory dictionary
