lease

long, long-term

short, short-term

ten-year, etc.

business, commercial

building, mining

have, hold

We hold a lease on the apartment until next summer.

draw up

acquire, buy, enter into, get, negotiate, obtain, sign, take (on/out/up)

My parents decided to sign a lease for the apartment last month.

grant (sb), sell (sb)

The landlord agreed to sell us a 10-year lease on the apartment.

renew

forfeit, surrender

When the business closed down, the owner had to forfeit the lease on the building.

cancel, terminate

take over

transfer

run

My apartment lease runs for two years starting next month.

take effect

come up for renewal, expire, run out

in a/the ~

The landlord added a strict no-pets clause in the lease.

on a ~

We rented the apartment on a three-year lease before deciding to buy.

under a/the ~

The apartment is under a long lease, so the landlord cannot raise the rent for five years.

~ of

The company negotiated a lease of the building for ten years.

~ on

Our family signed a five-year lease on the apartment downtown last month.

a clause in a lease, a condition of a lease, the length/period/term of a lease, a provision in a lease, the terms of the lease