Lease

7 definitions found

From The Collaborative International Dictionary of English v.0.48 [gcide]:

  Lease \Lease\ (l[=e]z), v. i. [AS. lesan to gather; akin to D.
     lezen to gather, read, G. lesen, Goth. lisan to gather; cf.
     Lith lesti to peck.]
     To gather what harvesters have left behind; to glean. [Obs.]
     --Dryden.
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From The Collaborative International Dictionary of English v.0.48 [gcide]:

  Lease \Lease\ (l[=e]s), v. t. [imp. & p. p. {Leased}; p. pr. &
     vb. n. {Leasing}.] [F. laisser, OF. laissier, lessier, to
     leave, transmit, L. laxare to loose, slacken, from laxus
     loose, wide. See {Lax}, and cf. {Lesser}.]
     1. To grant to another by lease the possession of, as of
        lands, tenements, and hereditaments; to let; to demise;
        as, a landowner leases a farm to a tenant; -- sometimes
        with out.
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              There were some [houses] that were leased out for
              three lives.                          --Addison.
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     2. To hold under a lease; to take lease of; as, a tenant
        leases his land from the owner.
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From The Collaborative International Dictionary of English v.0.48 [gcide]:

  Lease \Lease\ (l[=e]s), n. [Cf. OF. lais. See {Lease}, v. t.]
     1. The temporary transfer of a possession to another person
        in return for a fee or other valuable consideration paid
        for the transfer; especially, A demise or letting of
        lands, tenements, or hereditaments to another for life,
        for a term of years, or at will, or for any less interest
        than that which the lessor has in the property, usually
        for a specified rent or compensation.
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     2. The contract for such letting.
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     3. Any tenure by grant or permission; the time for which such
        a tenure holds good; allotted time.
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              Our high-placed Macbeth
              Shall live the lease of nature.       --Shak.
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     {Lease and release} a mode of conveyance of freehold estates,
        formerly common in England and in New York. its place is
        now supplied by a simple deed of grant. --Burrill.
        --Warren's Blackstone.
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From The Collaborative International Dictionary of English v.0.48 [gcide]:

  Record \Re*cord"\ (r?*k?rd"), v. t. [imp. & p. p. {Recorded}; p.
     pr. & vb. n. {Recording}.] [OE. recorden to repeat, remind,
     F. recorder, fr. L. recordari to remember; pref. re- re- +
     cor, cordis, the heart or mind. See {Cordial}, {Heart}.]
     1. To recall to mind; to recollect; to remember; to meditate.
        [Obs.] "I it you record." --Chaucer.
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     2. To repeat; to recite; to sing or play. [Obs.]
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              They longed to see the day, to hear the lark
              Record her hymns, and chant her carols blest.
                                                    --Fairfax.
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     3. To preserve the memory of, by committing to writing, to
        printing, to inscription, or the like; to make note of; to
        write or enter in a book or on parchment, for the purpose
        of preserving authentic evidence of; to register; to
        enroll; as, to record the proceedings of a court; to
        record historical events.
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              Those things that are recorded of him . . . are
              written in the chronicles of the kings. --1 Esd. i.
                                                    42.
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     {To record a deed}, {mortgage}, {lease}, etc., to have a copy
        of the same entered in the records of the office
        designated by law, for the information of the public.
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From WordNet (r) 2.0 [wn]:

  lease
       n 1: property that is leased or rented out or let [syn: {rental},
             {letting}]
       2: a contract granting use or occupation of property during a
          specified time for a specified payment
       3: the period of time during which a contract conveying
          property to a person is in effect [syn: {term of a
          contract}]
       v 1: let for money; "We rented our apartment to friends while we
            were abroad" [syn: {rent}]
       2: hold under a lease or rental agreement; of goods and
          services [syn: {rent}, {hire}, {charter}]
       3: grant use or occupation of under a term of contract; "I am
          leasing my country estate to some foreigners" [syn: {let},
           {rent}]
       4: engage for service under a term of contract; "We took an
          apartment on a quiet street"; "Let's rent a car"; "Shall
          we take a guide in Rome?" [syn: {rent}, {hire}, {charter},
           {engage}, {take}]

From Moby Thesaurus II by Grady Ward, 1.0 [moby-thes]:

  101 Moby Thesaurus words for "lease":
     adverse possession, alodium, bareboat charter, burgage, charter,
     claim, colony, copyhold, de facto, de jure, dependency,
     derivative title, equitable estate, estate at sufferance,
     estate for life, estate for years, estate in expectancy,
     estate in fee, estate in possession, estate tail, farm, farm out,
     fee, fee fief, fee position, fee simple, fee simple absolute,
     fee simple conditional, fee simple defeasible,
     fee simple determinable, fee tail, feod, feodum, feud,
     feudal estate, fief, fiefdom, frankalmoign, free socage, freehold,
     gavelkind, having title to, hire, hire out, hiring, hold, holding,
     job, knight service, lay fee, lease out, lease-back, lease-lend,
     leasehold, legal claim, legal estate, legal possession, lend-lease,
     let, let off, let out, mandate, occupancy, occupation,
     original title, owning, paramount estate, particular estate,
     possessing, possession, preoccupancy, preoccupation, prepossession,
     prescription, property, property rights, proprietary rights,
     remainder, rent, rent out, rental, reversion, seisin, socage,
     squatting, sublease, sublet, subrent, tenancy, tenantry, tenure,
     tenure in chivalry, title, underlease, underlet, undertenancy,
     usucapion, vested estate, villein socage, villeinhold, villenage
  
  

From Bouvier's Law Dictionary, Revised 6th Ed (1856) [bouvier]:

  LEASE, contracts. A lease is a contract for the possession and profits of 
  lands and tenements on one side, and a recompense of rent or other income on 
  the other; Bac. Ab. Lease, in pr.; or else it is a conveyance of lands and 
  tenements to a person for life, or years, or at will, in consideration of a 
  return of rent, or other recompense. Cruise's Dig. tit. Leases. The 
  instrument in writing is also known by the name of lease; and this word 
  sometimes signifies the term, or time for which it was to run; for example, 
  the owner of land, containing a quarry, leases the quarry for ten years, and 
  then conveys the land, "reserving the quarry until the end of the lease;" in 
  this case the reservation remained in force tin the ten years expired, 
  although the lease was cancelled by mutual consent within the ten. years. 8 
  Pick. R. 3 3 9. 
       2. To make such contract, there must be a lessor able to grant the 
  land; a lessee, capable of accepting the grant, and a subject-matter capable 
  of being granted. See Lessor; Lessee. 
       3. This contract resembles several others, namely: a sale,, to 
  constitute which there must be a thing sold, a price for which it is sold, 
  and the consent of the parties as to both. So, in a lease there must be a 
  thing leased, the price or rent, and the consent of the parties as to both. 
  Again, a lease resembles the contract of hiring of a thing, locatio condudio 
  rei, where there must be a thing to be hired, a price or compensation, 
  called the hire, and the agreement and consent of the parties respecting 
  both. Poth. Bail a rente, n. 2. 
       4. Before proceeding to the examination of the several parts of a 
  lease, it will be proper here to say a few words, pointing out the 
  difference between an agreement or covenant to make a lease, and the lease 
  itself. When an agreement for a lease contains words of present demise, and 
  there are circumstances from which it may be collected that it was meant 
  that the tenant should have an immediate legal interest in the term, such an 
  agreement will amount to an actual lease; but although words of present 
  demise are used, if it appears on the whole, that no legal interest was 
  intended to pass, and that the agreement was only preparatory to a future 
  lease, to be made, the construction will be governed by the intention of the 
  parties, and the contract will be held to amount to no more than an 
  agreement for a lease. 2 T. R. 739. See Co. Litt. 45 b: Bac. Abr. Leases, K; 
  15 Vin. Abr. 94, pl. 2; 1 Leon. 129; 1 Burr. 2209; Cro. Eliz. 156; Id. 173; 
  12 East, 168; 2 Campb. 286; 10 John. R. 336; 15 East, 244; 3 Johns. R. 44, 
  383; 4 Johns. R. 74, 424; 5 T. R. 163; 12 East, 274; Id. 170; 6 East, 530; 
  13 East, 18; 16 Esp. R. 06; 3 Taunt. 65; 5 B. & A. 322. 
       5. Having made these few preliminary observations, it is proposed to 
  consider, 1. By what words a lease may be made. 2. Its several parts. 3. The 
  formalities the law requires. 
       6.-1 The words "demise, grant, and to farm let," are technical words 
  well understood, and are the most proper that can be used in making a lease; 
  but whatever words are sufficient to explain the intent of the parties, that 
  the one shall divest himself of the possession and the other come into it, 
  for such a determinate time, whether they run in the form of a license, 
  covenant, or agreement, are of themselves sufficient, and will, in 
  construction of law, amount to a lease for years as effectually as if the 
  most proper and pertinent words had been made use of for that purpose. 4 
  Burr. 2209; 1 Mod. 14; 11 Mod. 42; 2 Mod. 89; 3 Burr. 1446; Bac. Abr. 
  Leases; 6 Watts, 362; 3 M'Cord, 211; 3 Fairf. 478; 5 Rand. 571; 1 Root, 318. 
       7.-2. A lease in writing by deed indented consists of the following 
  parts, namely, 1. The premises. 2. The habendum. 3. The tenendum. 4. The 
  reddendum. 5. The covenants. 6. The conditions. 7. The warranty. See Deed. 
       8.-3. As to the form, leases may be in writing or not in writing. See 
  Parol Leases. Leases in writing are either by deed or without deed; a deed 
  is a writing sealed and delivered by the parties, so that a lease under seal 
  is a lease by deed. The respective parties, the lessor and lessee, whose 
  deed the lease is, should seal, and now in every case, sign it also. The 
  lease must be delivered either by the parties themselves or their attorneys, 
  which delivery is expressed in the attestation "sealed and delivered in the 
  presence of us." Almost any manifestation, however, of a party's intention 
  to deliver, if accompanied by an act importing such intention, will 
  constitute a delivery. 1 Ves. jr. 206. 
       9. A lease may be avoided, 1. Because it is not sufficiently formal; 
  and, 2. Because of some matter which has arisen since its delivery. 
      10.-1. It may be avoided for want of either, 1st. Proper parties and a 
  proper subject-matter. 2d. Writing or, printing on parchment or paper, in 
  those cases where the statute of frauds requires they should be in writing. 
  3d. Sufficient and legal words properly disposed. 4th. Reading, if desired, 
  before the execution. 5th. Sealing, and in most cases, signing also; or, 
  6th. Delivery. Without these essentials it is void from the beginning. 
      11.-2. It may be avoided by matter arising after its delivery; as, 
  1st. By erasure, interlineation, or other alteration in any material part; 
  an immaterial alteration made by a stranger does not vitiate it, but such 
  alteration made by the party himself, renders it void. 2d. By breaking or 
  effacing the seal, unless it be done by accident. 3d. By delivering it up to 
  be cancelled. 4th. By the disagreement of such whose concurrence is 
  necessary; as, the husband, where a married woman is concerned. 5th. By the 
  judgment or decree of a court of judicature.