lease — 1 / lēs/ n [Anglo French les, from lesser to grant by lease, from Old French laisser to let go, from Latin laxare to loosen, from laxus slack] 1 a: a contract by which an owner of property conveys exclusive possession, control, use, or enjoyment… … Law dictionary
extension — ex·ten·sion n: an increase in length of time; specif: an increase in the time allowed under an agreement Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. extension … Law dictionary
extension — An increase in length of time specified in contract (e.g. of expiration date of lease, or due date of note). See also grace period. A part constituting an addition or enlargement, as an annex to a building or an extension to a house. Addition of… … Black's law dictionary
extension — An increase in length of time specified in contract (e.g. of expiration date of lease, or due date of note). See also grace period. A part constituting an addition or enlargement, as an annex to a building or an extension to a house. Addition of… … Black's law dictionary
lease — Any agreement which gives rise to relationship of landlord and tenant (real property) or lessor and lessee (real or personal property). Smith v. Royal Ins. Co., C.C.A.Cal., Ill F.2d 667, 671. A contract for exclusive possession of lands,… … Black's law dictionary
lease — Any agreement which gives rise to relationship of landlord and tenant (real property) or lessor and lessee (real or personal property). Smith v. Royal Ins. Co., C.C.A.Cal., Ill F.2d 667, 671. A contract for exclusive possession of lands,… … Black's law dictionary
extension of lease — The lengthening of the term of a lease by mutual agreement or by the exercise by the lessee of an option contained in the lease. 32 Am J1st L & T §§ 953 et seq. In some of the cases, the courts seem to disregard any distinction in meaning between … Ballentine's law dictionary
extension of term — See extension of lease … Ballentine's law dictionary
extension of time — The prolongation of a period previously fixed. Modification of an obligation by giving additional time for performance. 11 Am J2d B & N § 297. Prolonging the time for payment of a note to a date beyond the due date stated in the note. Rossville… … Ballentine's law dictionary
renewal of lease — A creation of a new lease rather than an extension of an old lease. 32 Am J1st L & T § 956. See extension of lease … Ballentine's law dictionary
