long lease

noun

1. (in England and Wales) a lease, originally for a period of over 21 years, on a whole house of low rent and ratable value, which is the occupants' only or main residence. The leaseholder is entitled to buy the freehold, claim an extension of 50 years, or become a statutory tenant

Example Sentences

He sent to Mr. Levi and offered to give him a long lease of his old house if he would but be absent from the trial.

From Project Gutenberg

My present intention is to take a large farm upon a long lease with the option of purchase.

From Project Gutenberg

Marlborough Mills and the adjacent dwelling were held under a long lease; they must, if possible, be relet.

From Project Gutenberg

When death gives us a long lease of life, it takes as hostages all those whom we have loved.

From Project Gutenberg

Thackeray took upon a long lease a somewhat dilapidated mansion, on the west side of Kensington Palace Gardens.

From Project Gutenberg