240 Another Word for Lifelong Lease? – Lifelong Lease Synonyms & Antonyms

Want to say lifelong lease differently? Here are other words for lifelong lease and its similar synonyms and opposite words to say in unique way.


Meaning of lifelong lease

A lifelong lease refers to a long-term agreement granting the use of a property for the duration of the lessee's life.

Etymology of lifelong lease

The term "lifelong lease" is derived from the combination of "life" and "long" and "lease", with "lease" originating from Old French "laas" or "less", and ultimately from Latin "laudare", meaning to praise, which is also related to the concept of granting or letting.
Historically, leases have been used for various purposes, including agricultural, residential, and commercial uses, with the concept of a lifelong lease emerging as a means to provide long-term security and stability for lessees.

Synonyms

long-term lease perpetual lease permanent lease heritable lease leasehold tenancy rental agreement contract charter concession grant permit license tenure occupancy possession ownership freehold estate property rent letting hiring sublease sublet assignment transfer conveyance deed title interest equity stake share portion parcel plot land real estate immovable property fixtures fittings improvements enhancements betterments emoluments profits returns income revenue yield produce output fruit benefit advantage privilege right entitlement authorization sanction approval ratification validation confirmation assurance guarantee warranty covenant pledge bond obligation commitment promise undertaking agreement understanding arrangement accommodation settlement compact pact treaty accord concord concordat contract bargain deal transaction exchange swap trade barter.

Definitions

  • A lease that lasts for the remainder of the lessee's life, typically in exchange for a lump sum payment or regular payments.
  • A type of leasehold interest that grants the lessee the right to occupy and use the property for their lifetime.
  • A long-term agreement between a lessor and a lessee, where the lessee has the right to use the property for their entire life.

Usage Examples

  • The company offered a lifelong lease to the employee as part of their retirement package.
  • The landlord granted a lifelong lease to the tenant in exchange for a significant upfront payment.
  • The couple opted for a lifelong lease to ensure they could stay in their home for the rest of their lives.

Antonyms

short-term lease temporary lease periodic lease periodic tenancy tenancy at will lease at will month-to-month lease yearly lease fixed-term lease limited lease restricted lease conditional lease determinable lease defeasible lease terminable lease cancellable lease revocable lease short lease brief lease transient lease fleeting lease ephemeral lease temporary occupancy transient tenancy.

Related Adjectives

long-term permanent heritable perpetual lifelong lifetime enduring lasting stable secure guaranteed warranted assured confirmed validated authorized sanctioned approved ratified vested absolute outright unconditional unrestricted unqualified unlimited freehold leasehold rental tenanted occupied possessed owned equity shared joint communal collective mutual reciprocal.

Related Nouns

property estate land real estate lease leasehold tenancy rental contract agreement deed title interest equity stake share portion parcel plot fixtures fittings improvements enhancements betterments emoluments profits returns income revenue yield produce output benefit advantage privilege right entitlement.

Related Verbs

lease rent let hire grant convey transfer assign sublet rent out let out hire out grant permission authorize sanction approve ratify validate confirm assure guarantee warrant covenant pledge bind commit promise undertake agree understand arrange accommodate settle compact pact treaty accord concord contract bargain deal exchange swap trade barter.
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