Meaning Of The Word Long lease

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Long lease Meaning

Long lease Definition
Long lease Definition

What's The Definition Of Long lease?

long lease in British English
noun: (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 b

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