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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.
Leasable vs. Leaseable — What's the Difference?

Difference Between Leasable and Leaseable


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.

Comparison Chart

Spelling Frequency

More common
Less common

Industry Usage

Preferred in real estate
Less frequently used


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


Suitable for lease agreements.
Only the leasable areas are included in the contract.


Capable of being leased.
The plot is leaseable under the new zoning laws.


Capable of being leased.
The building offers 10,000 square feet of leasable space.


Ready for occupancy under a lease.
The leaseable office space features high-speed internet.


Available for rent.
The leasable property lists several amenities.


Available for rent.
Leaseable items include equipment and vehicles.


Ready for occupancy under a lease.
All leasable units have been refurbished this year.


Suitable for lease agreements.
The leaseable area is subject to annual reviews.


Marketable as a rental.
The newly constructed areas are now leasable.


Marketable as a rental.
The developer announced that the commercial spaces are leaseable next month.


A contract granting use or occupation of property during a specified period in exchange for a specified rent or other form of payment.


Able to be or worthy of realistically being leased especially in regards to yielding profit; aesthetically pleasing or desirable.


The term or duration of such a contract.


To grant use or occupation of under the terms of a contract.


To get or hold by such a contract.


Able to be leased.


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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Author Spotlight

Written by
Fiza Rafique
Fiza Rafique is a skilled content writer at, 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

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