A lease is a contract where the owner of property (called the landlord),conveys title to the property to a buyer (called a lessee).

Name: A lease is a contract where the owner of property (called the landlord),conveys title to the property to a buyer (called a lessee).
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A lease is a contract under which an owner of property,the landlord,conveys to the tenant the right to possess the property for a period of time.The tenant has a leasehold estate but does not own title in the property.

A Lease Is a Contract Where the Owner of Property