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Lettable vs Leasable - What's the difference?

lettable | leasable |

As adjectives the difference between lettable and leasable

is that lettable is able to be (that is, rented or leased) while leasable is able to be leased.

lettable

English

Adjective

(en adjective)
  • Able to be (that is, rented or leased).
  • * 2008 , Liz Hodgkinson, The Complete Guide to Letting Property , page 109:
  • Very many investors in this sector buy properties in bad condition, and then renovate them to make them lettable .

    leasable

    English

    Adjective

    (en adjective)
  • Able to be leased.
  • * {{quote-news, year=2007, date=August 29, author=Jane L. Levere, title=Brooklyn Navy Yard, a Roomy Haven for Industry, Once Again Is Booming, work=New York Times citation
  • , passage=The Brooklyn Navy Yard has had a 98 percent occupancy rate for leasable space for the last five years and has gone from net cash flow of $700,000 in 2001 to $5.5 million in the fiscal year that ended June 30, because of annual rents that can be more than $20 a square foot. }}

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