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A lease is a contract laying out the terms under which one celebration accepts lease property owned by another party.

https://www.storeboard.com/blogs/general/a-lease-is-an-agreement-detailing-the-terms-under-which-one-celebration-agrees-to-rent-home-owned-by-another-celebration/1621154

What is a Lease? A lease is a contract laying out the terms under which one party agrees to lease home owned by another celebration. It guarantees the lessee, likewise called the occupant, use of an asset and