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What is renting?
What is renting?
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Answer:
Renting, sometimes known as hiring or letting, is a contract in which one party pays for the temporary use of another’s good, service, or property.
- A gross lease is one in which the tenant pays a set monthly rent and the landlord covers all of the property’s regular expenses.
- Equipment rental is one example of renting.
Answer:
Renting, sometimes known as hiring or letting, is a contract in which one party pays for the temporary use of another’s good, service, or property.
- A gross lease is one in which the tenant pays a set monthly rent and the landlord covers all of the property’s regular expenses.
- Equipment rental is one example of renting.
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