What is defined as a written document that transfers rights to use and occupy land for a specified period and rent?

The correct answer is a lease. A lease is a legally binding contract between a landlord and a tenant that grants the tenant the right to use and occupy the property for a specified duration in exchange for payment, typically in the form of rent. This document clearly outlines the terms and conditions under which the property can be used, including the duration of occupancy, the rental amount, and any responsibilities or restrictions placed on either party.

A rental agreement, while similar, generally refers to a more casual or month-to-month arrangement without a set term. Title deed refers to the legal document proving ownership of property, and a permit is typically a governmental authorization to perform specific activities on property, not related to occupancy rights. Thus, a lease captures the essence of the agreed-upon terms for renting a property between the landlord and tenant effectively.