2007-02-01 05:33:17 · 10 answers · asked by mase 1 in Business & Finance ➔ Renting & Real Estate
A rental agreement.
2007-02-01 05:35:36 · answer #1 · answered by nickhawkins21 3 · 0⤊ 0⤋
A lease is a contractual rental agreement that is valid for a specific length of time. The typical length of time for an apartment lease, for instance, is 6 months to a year. During that time, both the lessor and the lessee are bound by the terms of the contract. Once the contract is over, neither party is bound any further.
2007-02-01 13:36:55 · answer #2 · answered by Anonymous · 0⤊ 0⤋
A lease is a basic contract between you (the tenant) and the landlord (usually the owner of the property). This contract establishes how much is rent, when is it due, any extra fees that are involved (ex. late payments, utilities ect.) it also states when your time renting that place is up. It is very important to read everything and to agree with it, becuse once signed by both parties..a lease is binding contract.
2007-02-01 13:38:28 · answer #3 · answered by bluecb10 1 · 0⤊ 0⤋
A lease is a contract that gives the right to rent property or goods for a specified period.
2007-02-01 13:37:39 · answer #4 · answered by Anonymous · 0⤊ 0⤋
You agree to pay for a certain amount of time, it's a lot cheaper than without a lease.
2007-02-01 13:36:07 · answer #5 · answered by burly_red_sheep 2 · 0⤊ 1⤋
In the case of housing, a contract between a tenant and landlord agreeing the terms of rental.
In the case of automobiles, a contract between the buyer and manufacturer agreeing to the terms of payment for the vehicle.
2007-02-01 13:36:10 · answer #6 · answered by misskate12001 6 · 1⤊ 1⤋
.
A contract between a lessor and a lessee for the use of a vehicle or other property, subject to stated terms and limitations, for a specified period and at a specified payment.
2007-02-01 13:38:42 · answer #7 · answered by homie101 4 · 0⤊ 0⤋
A fancyer word for rent.
2007-02-01 13:36:58 · answer #8 · answered by Anonymous · 0⤊ 0⤋
in the case of a car lease - IT'S A MONTHLY PAYMENT ON THE DEPRECIATION
2007-02-01 13:35:42 · answer #9 · answered by (_)iiiiD 4 · 0⤊ 1⤋
www.answers.com / www.dictionary.com
2007-02-01 13:37:46 · answer #10 · answered by indie 2 · 0⤊ 0⤋