Home & Housing

Lease

liːs

noun

What does Lease mean?

The rental contract for an apartment or house.

Example sentence

"Our lease is up in August."

American usage tip

Usually 12 months; read it before signing.

Related Home & Housing words

Water heater
The tank that heats household water.
Inspection
A professional check of a home's condition before buying.
Appraisal
A professional estimate of a home's value.
Crawl space
A shallow space under a house.
Thermostat
The device controlling home temperature.
Sump pump
A pump that removes water from basements.
Attic
The space under the roof.
Listing
A property advertised for sale or rent.

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