On lease


Senior Member
Assamese -India
How to identify who is the lessee and who is the lessor?

He has leased the property.

Would that be correct if I to be absolutely clear say " they have taken the property on lease"?
  • Hermione Golightly

    Senior Member
    British English
    "He has leased the property" is crystal clear to me. It means he does not own it, but he pays a rent to the landlord for using it. I'm not sure that 'having a property 'on rent' is idiomatic in this context.

    Rent can be ambiguous except we talk about 'renting out' if we mean we are the owners of a property.