The average unexpired lease term exceeds 11 years.

From now on, its minimum acceptable lease term on new-builds will be 125 years for flats and 250 for houses.

In an economic downturn dilapidations are also commonplace either during a lease term or if the tenant exercises a break clause.

The lease term was calculated for one year.

In most cases (particularly in retail motor vehicle leases), the lessee has an option to purchase the property for the agreed residual value at the end of the lease term.