Legal Definitions - short lease

Definition: A contract by which a rightful possessor of real property conveys the right to use and occupy the property in exchange for consideration, usually rent, for a brief duration, often less than six months.

Example: John leased a small office space for three months to start his new business. During this period, he paid rent to the rightful possessor of the property and had the right to use and occupy the space.

Explanation: This example illustrates a short lease where John, the lessee, obtained the right to use and occupy the office space for a brief duration of three months by paying rent to the rightful possessor of the property, the lessor. The lease agreement between John and the lessor was for a short period, and after the lease term ended, John had to vacate the office space.