Difference between revisions of "Lease"
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Latest revision as of 20:34, 20 July 2020
Lease is a contract to use a property. An agreement for a person or organization to rent a property (lessee) from its owner (lessor) for a specific period of time and amount of money.
Definition
According to the HRBoK Guide,
- Lease. A contract to use a property. An agreement for a person or organization to rent a property (lessee) from its owner (lessor) for a specific period of time and amount of money.
