A lease and release is a form of conveyance of real property involving the lease of land by its owner to a tenant, followed by a release (relinquishment) of the landlord's interest in the property to the tenant. This sequence of transactions was commonly used to transfer full freehold title to real estate under real property law. The lease and release was a mode of conveyance of freehold estates formerly common in England and in New York.[1] Between its parties it achieves the same outcome as a deed of grant/transfer/conveyance.