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Commonly Asked Questions about US Lease Forms

leasable. ˈlē-sə-bəl. adjective.
Yes, Microsoft Word has a free lease agreement template that you can customize to create your own contract and minimize any potential problems between tenant and landlord.
1 lease /ˈliːs/ noun. plural leases.
A Comprehensive Guide on Different Types Of Leases Finance Lease. Operating Lease. Leveraged Lease. Conveyance Leases. Sale Leaseback. Complete Non Pay Out Lease. Specialized Service Lease. Net Non Net Lease.
Key Takeaways. A lease is a legal, binding contract outlining the terms under which one party agrees to rent property owned by another party. It guarantees the tenant or lessee use of the property and guarantees the property owner or landlord regular payments for a specified period in exchange.
verb (used with object) , leased, leasing.
This form is a residential tenancy agreement (standard lease). Landlords of most private residential rental units must use this form (standard lease) when they enter into a tenancy with a tenant.
As a noun, a lease is both the thing you are contracting to rent (the car itself is a lease) and the contract spelling out the terms of use in other words, a rental agreement.