Leasable vs. Leaseable — What's the Difference?
By Fiza Rafique & Maham Liaqat — Updated on April 23, 2024
"Leasable" and "leaseable" both refer to the capability of being leased, but "leasable" is the more commonly accepted spelling in American English.
Difference Between Leasable and Leaseable
Table of Contents
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Key Differences
"Leasable" is the standard spelling used to describe property or items that can be leased, emphasizing its readiness for rental agreements. "Leaseable," on the other hand, is an alternative spelling that is less commonly used but still understood in the same context.
In real estate, a "leasable area" refers to the total area available for rent, while properties described as "leaseable" might also imply the same, but the usage in formal documents tends to favor "leasable."
When discussing marketing materials, professionals typically use "leasable" to ensure clarity and adherence to standard industry terminology, whereas "leaseable" might appear in less formal contexts or in varied regional uses.
In legal contracts, the precision of language is crucial; hence, "leasable" is preferred for its conventional acceptance, while "leaseable" might be seen as a variant that could potentially confuse or be considered an error.
In terms of search engine optimization (SEO) and online listings, using "leasable" might enhance searchability and clarity for potential lessees, whereas using "leaseable" could detract from search engine performance due to its less frequent use.
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Comparison Chart
Spelling Frequency
More common
Less common
Industry Usage
Preferred in real estate
Less frequently used
Formality
Used in formal documents
Occasionally found in documents
Implication in Contracts
Clearly understood and accepted
Potentially confusing
SEO Performance
Better due to common usage
Poorer due to less usage
Compare with Definitions
Leasable
Suitable for lease agreements.
Only the leasable areas are included in the contract.
Leaseable
Capable of being leased.
The plot is leaseable under the new zoning laws.
Leasable
Capable of being leased.
The building offers 10,000 square feet of leasable space.
Leaseable
Ready for occupancy under a lease.
The leaseable office space features high-speed internet.
Leasable
Available for rent.
The leasable property lists several amenities.
Leaseable
Available for rent.
Leaseable items include equipment and vehicles.
Leasable
Ready for occupancy under a lease.
All leasable units have been refurbished this year.
Leaseable
Suitable for lease agreements.
The leaseable area is subject to annual reviews.
Leasable
Marketable as a rental.
The newly constructed areas are now leasable.
Leaseable
Marketable as a rental.
The developer announced that the commercial spaces are leaseable next month.
Leasable
A contract granting use or occupation of property during a specified period in exchange for a specified rent or other form of payment.
Leaseable
Able to be or worthy of realistically being leased especially in regards to yielding profit; aesthetically pleasing or desirable.
Leasable
The term or duration of such a contract.
Leasable
To grant use or occupation of under the terms of a contract.
Leasable
To get or hold by such a contract.
Leasable
Able to be leased.
Leasable
Such as can be leased.
Common Curiosities
Can "leaseable" be used in formal documents?
While it can be used, "leasable" is preferred for clarity and formality.
What does leasable mean?
Leasable refers to property or items that can be leased.
How does the usage of "leasable" affect real estate marketing?
Using "leasable" enhances clarity and searchability in listings.
What is considered leasable space in real estate?
Leasable space includes all areas that can be legally rented out.
What should be avoided in lease agreements regarding these terms?
Avoiding "leaseable" can reduce potential confusion.
Is "leasable" the correct spelling?
Yes, "leasable" is the more commonly accepted and standard spelling.
Are "leasable" and "leaseable" interchangeable?
Yes, they are interchangeable but "leasable" is recommended for formal use.
What factors make a property leasable?
Factors include legal permissibility, suitability for occupancy, and market demand.
What does leaseable mean?
Leaseable is an alternative spelling of leasable, indicating the same capability.
Why is "leasable" preferred in SEO for real estate?
It aligns with more common search terms and industry jargon.
How can using the correct term impact a real estate business?
Correct usage enhances professionalism and accuracy in listings.
Which term is more common in legal contracts?
"Leasable" is more commonly used in legal contexts.
Does the spelling variation affect understanding?
It might, especially in formal and legal contexts where "leasable" is expected.
What implications do these terms have on lease terms and conditions?
They specify what parts of a property are available for lease.
How do property managers describe available spaces?
They often use "leasable" to indicate spaces available for lease.
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Written by
Fiza RafiqueFiza Rafique is a skilled content writer at AskDifference.com, where she meticulously refines and enhances written pieces. Drawing from her vast editorial expertise, Fiza ensures clarity, accuracy, and precision in every article. Passionate about language, she continually seeks to elevate the quality of content for readers worldwide.
Co-written by
Maham Liaqat
