What context can I use each word in?
Learn when and how to use these words with these examples!
lease
Example
We signed a lease for the apartment for one year. [lease: noun]
Example
The landlord agreed to lease the property to us for a monthly fee. [lease: verb]
tenancy
Example
The tenancy of the apartment ends next month. [tenancy: noun]
Example
The landlord granted us tenancy of the property for six months. [tenancy: noun]
Good things to know
Which word is more common?
Lease is more commonly used in American English, while tenancy is more commonly used in British English. Both words are commonly used in legal and real estate contexts.
Whatโs the difference in the tone of formality between lease and tenancy?
Both lease and tenancy are formal words that are typically used in legal and business contexts.