land lease
Frequency: 6.89.2 per million words
An agreement where a tenant is permitted to develop a piece of land during the lease period.
Categories:
Examples (10)
- The company entered into a land lease agreement for the new factory.
- Developers are seeking a long-term land lease for the urban development project.
- The terms of the land lease specified the permitted uses of the property.
- Farmers often rely on a land lease to cultivate crops without owning the soil.
- They decided to renew their land lease for another twenty years.
- The annual payment for the land lease is due next month.
- A proper land lease protects both the landlord and the tenant.
- His business operates on a temporary land lease from the local council.
- Before building, ensure you understand all clauses in the land lease.
- The government offers affordable land lease options for agricultural startups.