CompTIA Network+

Answer: C - The IP Address Lease is the period of time allotted for devices to retain an IP address from Dynamic Host Configuration Protocol.

Key Takeaway: There are many different aspects of DHCP. One of them is the IP address Lease. This is the DHCP Service allowing a device to retain an IP address for a specified period of time. The DHCP Service will lease an IP address to a computer from a pool, or range of IP addresses called a “Scope”. There is also a function that allows for specific IP addresses within that scope to be “reserved” and kept from being leased to other devices.