15/03/17 The Difference between Lease and Let

Difference between Lease and Let

Both are correct verbs for the renting out of property. Let is not slang or substandard; in fact, its use goes back 300 years earlier than lease.

Now, look at this; it’s interesting:

Only the lessor lets the property, but either party may be said to lease it.

Did you know that? Now you do.

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