A lease is an agreement laying out the terms under which one celebration accepts lease residential or commercial property owned by another celebration.

http://archeroxmp756.bravesites.com/entries/general/a-lease-is-a-contract-detailing-the-terms-under-which-one-celebration-agrees-to-rent-home-owned-by-another-celebration-

What is a Lease? A lease is an agreement outlining the terms under which one celebration consents to rent property owned by another party. It guarantees the lessee, likewise known as the renter, use of a property