An) ________ lease is also known as a term for years.

A) limited-term
B) temporary lease for years
C) long-term
D) yearly
E) definite-term

Definite-Term

A term or period with a clear beginning and end. In contracts, it refers to an agreement effective for a specific duration.

Term for Years

A leasehold estate for a specific period of time, which could range from months to years, but has a definite end date.

Lease

A contract granting use or occupation of property during a specified period in exchange for a specified rent.