Renting and Leasing


apprehensive /ˌæprɪˈhensɪv/
(adj) worried or frightened that something unpleasant may happen
Example: The mortgage lender was apprehensive about the company's ability to pay

circumstance /ˈsɜːkəmstəns/
(n) the conditions and facts that are connected with and affect a situation, an event, or an action
Example: Under the current economic circumstances, they will not be able to purchase the property

condition /kənˈdɪʃn/
(n) the state that something is in
Example: Except for some minor repairs, the building is in very good condition

due to
due to /djuː tuː/
(n) because of
Example: Due to the low interest rates, good office space is difficult to find

fluctuate /ˈflʌktʃueɪt/
(v) to change frequently in size, amount, quality, etc., especially from one extreme to another
Example: No one is very comfortable making a large investment while the currency values fluctuate almost daily

get out of
get out of
(v) to exit, escape
Example: The company wanted to get out of the area before property values declined even further

indicator /ˈɪndɪkeɪtə(r)/
(n) a sign that shows you what something is like or how a situation is changing
Example: If the economy is an accurate indicator, rental prices will increase rapidly in the next six months

lease /liːs/
(n, v) a legal agreement that allows you to use a car, a building
Example: They decided to lease the property rather than buy it

lock into
lock into
(v) to commit, to be unable to change
Example: Before you lock yourself into something, check all your options

occupy /ˈɒkjupaɪ/
(v) to fill or use a space, an area, or an amount of time
Example: Our company has occupied this office for more than five years

option /ˈɒpʃn/
(n) something that you can choose to have or do
Example: With the real estate market so tight right now, you don't have that many options

subject to
subject to
(adj) under legal power, dependent
Example: This contract is subject to all the laws and regulations of the state