Definition of rental or lease
Rental or lease is a contract through a party undertakes to temporarily transfer the use of a movable or immovable thing to a second part which in turn agrees to pay a certain price for that use. A contract hire or leasing is one of the most common financial real estate operations which takes place in all parts of the world and on all sorts of objects. In this agreement there are two parts, of which one is considered landlord and owns the object in particular that will be granting the part considered resident for latter use it and offer a payment previously agreed by that use.
A lease may occur with respect to one thing, as an object, a device or machine, a service, as a good or a job, and a property, such as a home or office.
Often, payment for the use of movable or immovable property occurs once per month, every month for extending the lease agreement, and in this case it is called rent or for rent. But it can also happen that payment for the use of the property occurs one time, covering the agreed total price. Another type of income is that, from the economic products generated by the leased property, the lessor receives a partial percentage of them.
Most common rents are those who take place involving a homeowner who wants to rent it partially or totally to a third party and which charged a monthly sum for the usufruct of the property or office. Many people in the world for rent your home or your office for reasons of comfort, savings or economic potential. At the same time, a person can sublet the property to lease, allowing others to occupy one of the rooms of the property in question.
A lease may occur with respect to one thing, as an object, a device or machine, a service, as a good or a job, and a property, such as a home or office.
Often, payment for the use of movable or immovable property occurs once per month, every month for extending the lease agreement, and in this case it is called rent or for rent. But it can also happen that payment for the use of the property occurs one time, covering the agreed total price. Another type of income is that, from the economic products generated by the leased property, the lessor receives a partial percentage of them.
Most common rents are those who take place involving a homeowner who wants to rent it partially or totally to a third party and which charged a monthly sum for the usufruct of the property or office. Many people in the world for rent your home or your office for reasons of comfort, savings or economic potential. At the same time, a person can sublet the property to lease, allowing others to occupy one of the rooms of the property in question.