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Lease (Noun)

The period of time during which a contract conveying property to a person is in effect.

Nouns denoting time and temporal relations.

The company signed a five-year lease for the office space and was required to pay rent on the first day of each month.
She negotiated a longer lease for the apartment to ensure she wouldn't have to move for a while.
The terms of the lease stated that the tenant was responsible for maintaining the property's lawn.
The lease on the car was set to expire in six months, at which point he would have to decide whether to renew or return the vehicle.
The landlord offered a discount on the rent if the tenant agreed to sign a longer lease.

Property that is leased or rented out or let.

Nouns denoting possession and transfer of possession.

The property owner is looking for a reliable tenant to take over the lease of her vacant apartment.
A long-term lease can provide stability and security for both landlords and tenants.
Before signing the lease, make sure you've read and understood all the terms and conditions.
The renter paid a security deposit and signed a six-month lease agreement with the landlord.
The building owner earns a significant income from the commercial lease of the office spaces.

A contract granting use or occupation of property during a specified time for a specified payment.

Nouns denoting communicative processes and contents.

The company signed a five-year lease for the office building downtown.
She had to review the lease carefully before signing it to ensure she understood all the terms.
The landlord offered a discount on the lease if the tenant agreed to a longer contract.
The lease stated that the rent would increase by 5% each year.
After the lease expired, the family had to decide whether to renew or move to a different house.