A lease is a contract outlining the terms under which one party consents to lease residential or commercial property owned by another party.

http://alexispuyu206.almoheet-travel.com/a-lease-is-an-agreement-outlining-the-terms-under-which-one-party-agrees-to-lease-property-owned-by-another-party

What is a Lease? A lease is an agreement laying out the terms under which one celebration accepts rent home owned by another party. It guarantees the lessee, likewise referred to as the occupant, use of a possession