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Lease Term
The duration for which a lease agreement is valid, typically specifying start and end dates.
Nonfreehold Estates
Interests in real estate that do not involve ownership of the property, typically including leases or rentals.
Real Property
Land and anything permanently attached to it, such as buildings or structures, including the rights associated with ownership.
Lease
A contractual arrangement in which one party agrees to rent property owned by another party for a specified period of time in exchange for payment.
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