# Land Lease > Land Lease means a written agreement granting a party, the tenant, the right to use, possess, or occupy land for a specific duration. **Term:** Land Lease **Last updated:** 2026-07-29 ## Definition ## What Land Lease Means in a Contract A Land Lease is a contract that separates the right to use and occupy land from the underlying ownership of that land. The landowner, often called the lessor or landlord, grants the tenant, or lessee, exclusive or limited rights to possess a defined area of ground for an agreed period. Unlike a sale, title to the land never changes hands, and the tenant's rights automatically expire when the lease term ends unless it is renewed. These agreements are especially common where the value lies in the ground itself rather than any existing structure, such as agricultural land, land intended for building, or sites used for infrastructure like telecommunications masts or solar arrays. The tenant may be permitted to construct buildings on the land, and the lease will typically address what happens to those improvements when the term ends, whether they are removed, transferred to the landowner, or purchased at a valuation. Because a Land Lease often functions similarly to a broader