Terms Used In CFR > Title 27 > Chapter I > Subchapter A > Part 21 > Subpart B - Definitions

• Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). ^{Source: OCC}
• Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.