Questions about example sentences with, and the definition and usage of "Lease"

The meaning of "Lease" in various phrases and sentences

Example sentences using "Lease"

Synonyms of "Lease" and their differences

Q: Qual é a diferença entre lease e rent ?
A: For most purposes in lay (non-lawyer) use, there’s not any real difference, not one that’s legally mandated just by the label (choice of word) alone. One can rent or lease to or from someone. From a legal standpoint, what counts isn’t the name at the top of the pieces of paper, but the detailed written terms. In some fields, like real estate, vehicle, or equipment/software deals, the people in the field may have tendencies to try to distinguish the two by name, using “lease” for longer-running agreements maybe with buyout options at the end and only a single fixed period, and using “rent” for shorter-running, maybe automatically renewing, agreements with no special options at the end. But what counts isn’t the label; it’s what the detailed written provisions say. They, not the label, control how long the deal lasts, whether it renews or not and when, whether the financial bits (how much yo pay) can be changed and if so when, etc. In theory, I could have a week-to-week lease of something, or a four-year rental contract. But in terms of grammar and general lay understanding (not legal advice or industry terminologies life preferences), you can probably treat them as basically the same. This is not legal advice, of course; merely a note on usage patterns for a lay person. And it all varies by jurisdiction, from state to state and country. When I spent a month in Czechia, I couldn’t “rent” a computer — but I could buy one, with the right at any time within 30 days to force the company to but it back from me at a slightly lower price. The difference in price depended on how many days I had been “the owner,” before having the company “re-buy” it from me. For most basic purposes, I rented it or leased it. There’s more than one way to skin a cat, but the end effects are close enough in the typical case to make the labels not too important.

Other questions about "Lease"

Meanings and usages of similar words and phrases

Latest words

lease

HiNative is a platform for users to exchange their knowledge about different languages and cultures.

Newest Questions
Newest Questions (HOT)
Trending questions