Definition contract between a landlord and a tenant that covers the renting of property for long periods of time, usually a period of 12 months or more Reference LegalNature > Help Guides > Landlord and Tenant > Lease Agreement vs. Rental Agreement (21.7.2020)
Comment The lease agreement is very specific as it details the responsibilities of both parties during the lease and it includes all the necessary information to ensure that both parties are protected. The length of the lease and the amount of monthly rent are documented and cannot be changed, thus ensuring that the landlord cannot arbitrarily just raise the rent and the tenant cannot just leave the property, without repercussions.
Definition contrat par lequel l'une des parties(le bailleur)s'oblige à faire jouir l'autre(le preneur)d'un bien immobilier pendant un certain temps moyennant un certain prix que celle-ci s'oblige de lui payer Reference SEC:Le Petit Robert,1994
Definition actif incorporel attaché au droit à usage d'un terrain distinct du droit de propriété sur le terrain Reference Kissas,C.,Termin.des marchés financiers,1990