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long lease

British  

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

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

In exchange for the land on a long lease from the council, it delivers what it calls social value: affordable homes for rent to members of the community.

From BBC • Feb. 12, 2023

The biggest difference is the time frame: Rather than being tied to a years’ long lease, subscriptions give you the ability to “own” a car on a month-to-month basis.

From Slate • Dec. 2, 2017

He can make such flat rejections because, even though he doesn’t own his building, he holds an extremely long lease.

From Washington Times • Mar. 12, 2017

With what little money he had left, he purchased a long lease on a 100-acre volcanic island – Restoration Island – just off the remote Cape York peninsula in northern Australia.

From The Guardian • Apr. 23, 2013

Sometimes it is a tenant-farmer with a long lease, who cannot be quickly ejected, who has to bear the brunt of these attacks.

From The Gamekeeper At Home Sketches of Natural History and Rural Life by Jefferies, Richard

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