A question on the leasing terminology in the USA:

What is the difference between "Lease Contract" and "Contemplated Lease Contract"?

1 Answer 1


Based on simple English, a "Lease Contract" is what you have between a lessor and lessee. A "Contemplated Lease Contract" is what you have when you are thinking about forming a "Lease Contract".

  • 1
    In other words, before the lease contract is signed, it isn't yet a lease contract, so should be modified with some other word like "proposed" or "prospective" or indeed "contemplated," correct?
    – phoog
    Jun 9, 2016 at 22:03
  • Right. A contract is a meeting of mind and an exchange of values. When no values have been exchanged and the minds haven't met yet, but one "mind" has been written on paper, that's a "contemplated contract". Jun 10, 2016 at 15:48

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