A piece of land is said to be on lease to a farmer when the land is

A piece of land is said to be on lease to a farmer when the land is given for a specified period on a rental basis. Leasing is an arrangement where the owner of the land, known as the lessor, grants the right to use the land to another person, known as the lessee, for a specific period. The lessee pays rent to the lessor for the use of the land during this period. The lease period may be short-term, such as one or two years, or long-term, such as 10, 20, or even 99 years. At the end of the lease period, the land reverts back to the lessor, and the lessee must vacate the land.