To lease the land means to rent or use the property owned by someone else for a certain period of time in exchange for payment. This is usually done when an individual or company does not have enough funds to purchase their own piece of land, but they still need it for a specific purpose such as building a house, starting a farm or running a business. The lease agreement typically outlines the terms and conditions of the rental period, including the amount of rent, length of time, and any special provisions or restrictions. At the end of the lease term, the land is returned to its original owner.