Stand a new lease (5)

I believe the answer is:

easel

'stand' is the definition.
(stand for an artist's canvas)

'a new lease' is the wordplay.
'a new' indicates anagramming the letters.
'lease' is an anagram of 'EASEL'.

(Other definitions for easel that I've seen before include "Lease (anag)" , "Picture frame" , "Framework to hold a canvas" , "stand for creativity" , "artist's requisite" .)

I've seen this clue in The Mirror.

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