LEASE

agreement between landlord and tenant, which must be in writing, must begin on a certain date, and be either for a term of years or for lives. Leases contain covenants to do or forbear undertaken by le ee, usually the following: (1) to pay rent; (2) to pay rates and taxes: (3) to make repairs; (4) to insure; (5) not to a ign or sublet, etc.