§ 18209 Lease Definition And Scope

• •A lease is an agreement (spoken or written) to use someone else's property, like a house or apartment.
• •You pay rent as part of the lease.
• •It can be a formal written contract or just a spoken promise.

You rent an apartment from a landlord.

The lease is the agreement you make with the landlord to live there and pay rent every month. It can be a paper contract or just a handshake deal.