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An agreement between two parties whereby one party allows the other to use his/her property for a certain period of time in exchange for a periodic fee. The property covered in a lease is usually real estate or equipment such as an automobile or machinery. There are two main kinds of leases. A capital lease is long-term and ownership of the asset transfers to the lessee at the end of the lease. An operating lease, on the other hand, is short-term and the lessor retains all rights of ownership at all times.
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To rent out.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
Notwithstanding our numerous reports on the subject going back 2-3 years and more recently, the Paphos Chamber has recently "discovered" the problem, claiming that the local hotels suffer as a result of the villas to let, especially during the off-season.
The council does not want to ban "for sale" signs, but planning laws don't differentiate between "for sale" and "to let" boards.
Each lender has its own consent to let conditions such as: length of time your current mortgage has been held for, will the property be managed by a professional.
"With the aid of Buy to Let, the Private Rented Sector provides flexible housing for a mobile workforce, accommodation for the ever expanding number of students in higher education and a partnership with registered social landlords.
GOOD REASONS TO LET HIM GO You deserve way more than to be treated like a new toy!
Use your body to let the person know you are there.
Even where the Park Service uses prescribed fires to reduce fuels, such as in Sequoia and Kings Canyon National Parks, the ultimate goal is to let lightning fires burn.
something that has been bothering you that you are ready to let go of.
The second edition of the ARLA/CML Guide to Buy to Let coincides with the publication of a Which?
Did I make the right decision to let her go for a while?
If the camper takes medication, be sure to let parents know that camp is not the time for a "medication vacation."
X's explanation: "Coach told me not to let my man catch the ball." Result: The wing area is left exposed, at the mercy of the offense.