Under a lease agreement, the lessor surrenders a movable (e.g. a cow) or an immovable (premises for independent management, e.g. an agricultural business, restaurant, etc.) not only for use (as in a lease agreement) but also for occupation, to the lessee in exchange for payment of the rent and incidental costs. In addition to the right of use, the lessee receives the right to receive the fruits and revenues (e.g. right to receive the harvest in the case of an agricultural operation, etc.). Furthermore, unlike rent, it is also possible to lease rights such as intellectual property rights, rights of usufruct or hunting rights.
The lease is governed by Art. 275 et seq. of the Swiss Code of Obligations (OR) and occasionally refers to the rental law provisions in Art. 253 et seq. OR