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    2. Lease Term (Duration of the lease)

    Lease Term (Duration of the lease)

    The Lease Term, or the duration of the lease, is the length of time the lease is valid. It can be for a fixed term or an indefinite term with the option to terminate.

    Other terms from the category

    FLA

    FLA (an acronym for ) is a term used in the field of commercial real estate to designate a future lease contract. A Future Lease Agreement i...

    Landlord

    A landlord is a person or company that owns a property and rents it out to tenants.

    Parking ratio

    A parking ratio (also known as a parking standard or parking coefficient) is an urban design and construction concept that determines the ma...

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