CRE Definitions: Lease Term

CRE Definitions: Lease Term

The time in which a landlord and tenant enter into an agreement to lease space. This timing should be identified in lease agreement signed by both parties. For instance, if I leased an office for one year starting February 1, 2018 the lease would expire on 1/31/19. The lease term would be one year.

 

 

 

 


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