Lease vs Rent | Top Differences You Must Know! скачать в хорошем качестве

Lease vs Rent | Top Differences You Must Know!

In this video on Lease vs Rent, here we discuss Rent and Lease differences with examples, infographics, and comparison table. 𝐋𝐞𝐚𝐬𝐞 𝐯𝐬 𝐑𝐞𝐧𝐭 𝐃𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐜𝐞𝐬 ------------------------------------------------ When an asset is leased; the maintenance responsibility lies with the lessee. This means that when a company rents a property, the responsibility for maintenance lies with the client.Whereas, when an asset is rented; the person who leases the asset or the property is responsible for the maintenance. 𝐊𝐞𝐲 𝐃𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐜𝐞𝐬 𝐁𝐞𝐭𝐰𝐞𝐞𝐧 𝐋𝐞𝐚𝐬𝐞 𝐯𝐬 𝐑𝐞𝐧𝐭 ---------------------------------------------------------------------- #1 - Lease is taken if a company does not have sufficient fixed capital or wishes to use the property at the same time, but does not want to pay for it. Whereas, Rent takes a property at a monthly fee. #2 - Leasing contracts have two parties – lessor and lessee. Whereas, Rental agreement has two parties as well – landlord and tenant. #3 - Leasing is performed for assets/equipment. Whereas, Renting is done for properties or lands. To know more about the 𝐋𝐞𝐚𝐬𝐞 𝐯𝐬 𝐑𝐞𝐧𝐭, you can go to this 𝐥𝐢𝐧𝐤 𝐡𝐞𝐫𝐞:- https://www.wallstreetmojo.com/lease-... Subscribe to our channel to get new updated videos. Click the button above to subscribe or click on the link below to subscribe -    / @wallstreetmojo