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Firmamos un arrendamiento para el local comercial.
We signed a lease for the commercial space.
A legal contract where one party (the lessor) grants another party (the lessee) the right to use a property or asset in exchange for periodic payments.
El arrendamiento incluye el mantenimiento del edificio.
The lease includes building maintenance.
Common in real estate and business contracts.
The act of renting out property or equipment for a specified period.
El arrendamiento de maquinaria es más económico que comprarla.
Leasing equipment is cheaper than buying it.
Often used in financial planning for businesses.
Use 'arrendamiento' in formal contracts and 'alquiler' in everyday speech.
Always specify terms like duration, payment, and maintenance responsibilities in an arrendamiento.
From the Spanish verb 'arrendar' (to lease), derived from Latin 'arrendare' (to rent).
In legal contexts, 'arrendamiento' is more formal than 'alquiler'.