I.
noun
ADJECTIVE
▪ long , long-term
▪ short , short-term
▪ ten-year , etc.
▪ commercial
▪ operating ( esp. AmE )
▪ land
▪ mining
VERB + LEASE
▪ have , hold
▪
They have a ~ with five years to run.
▪ acquire ( esp. BrE ), buy , enter into , get , negotiate , obtain , sign , take , take on , take out , take up
▪
She has taken out a new ten-year ~ on the building.
▪ grant (sb) , sell (sb)
▪
A freeholder may grant a ~ of any duration.
▪ renew
▪ forfeit , surrender (both BrE )
▪
They moved out and the ~ was surrendered.
▪ break , terminate
▪ take over
▪ transfer ( esp. BrE )
LEASE + VERB
▪ run
▪
The ~ runs from April 19.
▪ take effect ( esp. BrE )
▪ come up for renewal , expire , run out
LEASE + NOUN
▪ agreement
▪ payment
PREPOSITION
▪ in a/the ~
▪
a new clause in the ~
▪ on a ~
▪
The company holds the building on a long ~.
▪ under a/the ~
▪
Under the new ~, the rent would go up.
▪ ~ of
▪
He took a ~ of the premises. ( esp. BrE )
▪ ~ on
▪
The club has a 20-year ~ on the property.
PHRASES
▪ a clause in a ~ , a condition of a ~ , the provisions of a ~ ( esp. BrE ), the terms of the ~
▪ the length, period, term, etc. of a ~
II.
verb
Lease is used with these nouns as the object: ↑ apartment , ↑ building , ↑ car , ↑ facility , ↑ land , ↑ premises , ↑ property , ↑ site