What does a lease provide to the lessee?

A lease provides the lessee with the ability to use and possess property for a specified duration. This means that under the terms of the lease agreement, the lessee has the legal right to occupy and utilize the property as stipulated, typically paying rent in exchange for these rights. The lessee does not gain ownership of the property; rather, they receive temporary access and use, which is clearly defined in the leasing terms. This arrangement can be vital in various contexts, such as residential rentals or commercial leases, allowing individuals or businesses to utilize spaces without the need for upfront ownership costs.

The other options do not accurately reflect the nature of a lease. For instance, ownership of the property is retained by the lessor and not transferred to the lessee. Rights to sell the property or immediate access to all property rights are also outside the scope of a standard lease agreement, as these aspects typically belong to the property owner, not the lessee. Thus, the primary benefit of a lease from the perspective of the lessee pertains to their authorized use and enjoyment of the property for an agreed-upon timeframe.