Lease Term (Duration of the lease)

The Lease Term, or the duration of the lease, is the length of time the lease is valid. It can be for a fixed term or an indefinite term with the option to terminate.

Other terms from the category

FLA

FLA (an acronym for ) is a term used in the field of commercial real estate to designate a future lease contract. A Future Lease Agreement i...

Landlord

A landlord is a person or company that owns a property and rents it out to tenants.

Parking ratio

A parking ratio (also known as a parking standard or parking coefficient) is an urban design and construction concept that determines the ma...

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