Long lease

(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


Read Also:

  • Longleat house

    /ˈlɒŋliːt/ noun 1. an Elizabethan mansion near Warminster in Wiltshire, built (from 1568) by Robert Smythson for Sir John Thynne; the grounds, landscaped by Capability Brown, now contain a famous safari park

  • Long leg

    noun 1. (cricket)

  • Long-legged

    /ˈlɒŋˌlɛɡd; -ˌlɛɡɪd/ adjective 1. having long legs 2. (informal) (of a person or animal) able to run fast

  • Longline

    [lawng-lahyn, long-] /ˈlɔŋˌlaɪn, ˈlɒŋ-/ 1. a heavy and very long fishing line with a large number of baited hooks, used in deep-sea commercial fishing.

Disclaimer: Long lease definition / meaning should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. All content on this website is for informational purposes only.