What is the difference in leasing and renting or is there any real difference?
449406
Leasing=eventually you will own the property at the end of the agreement\nrenting=you're paying for the right to live in someone else property\n\nsometimes apartment complexes use the terms interchangeably
450550
The major difference is with one you get a car, and the other you get a house. Lol. Seriously though, the difference is interest rates and length of loans.
435467
I'm going to try to focus into this answer this way, but I might need some additional clarification otherwise.\n\nAs I understand the way that you are asking the question, the house that you are looking at is to be your primary residence, not an investment NNN Tic...\n\nGenerally, they are not favorable options for RESIDENTIAL tenants.\n\nThey would be considered a good option for the tenant if:\n1. NNN rent + expected maintenance + taxes + insurance <= market rent\n2. You can lock in a longterm NNN rent at below market rents\n3. You are confident in the property that you are occupying/no significant deferred maintenance that you would be responsible for...\n\nI really haven't heard of many NNN leases for people's primary residences, but it would make sence.  They are much more common in the investment property/business property arena...\n\nIn the end, you'll have to do the math to determine whether the lease payments plus the additional expenses add up to a good value...
74252
It depends on your objectives. If you like driving new cars after every few years and you prefer to have more disposable income in your pocket, yes by all means lease. On the other hand, if you like to drive a car until it quits, you might want to buy. Whichever one you choose, be sure you are doing virtually the same thing. The car is never your anyway until you pay it up and you could do that for both.
108183
Rent is an expense. If you are a business then it might lower taxes when you rent a commercial building. As an individual without a business it is just an expense.
167391
You are OK. A lease is an agreement and cannot be broken. You signed a contract and so did the owner.
337885
Coop's are real property, Condo's are real estate.\n\nThe above is the biggest difference in the properties, and thus affects the rest...\n\nAs far as the differences for common charges, you will actually find them to be relatively similar in buildings that offer the same level of services, condo's or coops.  Coop common charges include the taxes, while condos are broken down separately into common charges and taxes.\n\nTo make this as easy as possible, a condo is a better purchase because of your rights of ownership typically.  This is why you see condo prices in NYC 10-20% higher for the same unit as a condo compared to a coop.\n\nIf you buy a condo, you own that condo (real estate).  If you buy a coop, you own... the building, (shares are issued as part of the corporation controling the building, these shares represent your assignment of a space... that is owned by the coop corporation.)\n\nNow, let's take another step... if your neighbor in a condo does not pay his taxes or condo common area fees... who's liable.  He is... Real estate.\n\nIn a coop, if your neighbor does not pay, or cannot afford to pay their maintenance fees... the corporation and you to your share percentage are liable for their bills... real property. (because of this, coops are a little more sensitive as to who they will and won't let into their buildings.)\n\nBanks see a difference too.  Because they cannot account for what your neighbors will and won't pay in a coop, they typically will lend to a lower ltv in a coop over a condo...
902715
PRESUMIMG THE LEASE IS AN APARTMENT;\nIt comes down to the "fine print" in your lease. What did you sign up for? A year? Sometimes you can get out of it just by paying for the advertising until the apartment is rerented, so it's no money out of the landlord's pocket. But remind the landlord, as long as you are paying the rent, even though you don't live there they can't accept rent money from anyone else and the apartment must remain unoccupied. (they can't collect "double rent" for the same apartment)
700534
The difference in cost is enourmose it depends where it is located, length of lease, condition, use and local regulations ( some areas may have a nightwork ban imposed or noise restrictions that may include lorries attemdin the siite late at night\n\nAny reasonable commercial estate agent will supply you with a list of available properties. eg Savilles commercial.
392539
It really depends on what you plan on doing with the vehicle.  If you are the type of person who enjoys that safety and reliability, and usually want a new car every 3-4 years, then leasing is the way to go.  You get a lower payment, and when you have satisfied a lease term, you don't have to hassle with vehicle negotiations, just the price of the new vehicle you want.  \n\nIf you are a type who drives a car until it croaks, purchasing is MUCH better.  If you would want to keep the vehicle after the lease term, you would have to finance it, and after paying the lease for 3-5 years, you then finance for another 3-5 years, meaning you are paying twice as long for the same car.  Unless you get 0% financing, find the highest dollar amount per month you can afford for the vehicle based on what you can afford, and stick to that number.  If you can't reach your number without going over 5 years (60 months), then you really can't afford it.  Paying off a car that you drive 15k miles a year in 5 years, HIGHLY increases your resale value, and purchasing power when it comes to your next purchase, whenever that may be.
59839
CAM = Common Area Maintenance charges\nMost commercial leases are triple net, the rent includes a number of expenses including proportional share of property taxes, building insurance and possibly utilities, water, sewer and garbage collection. In some locations such as shopping centers and strip malls there is an additional occupancy charge (CAM charges) over and above the base rent relating to the public areas such as security, landscaping, cleaning, air conditioning and heating, elevator maintenance, snow removal and so on.
145694
well, generally they lease commercial buildings (defined period with contract) not rent, and your local realtor can help you with this since lots of major realty companies list these "commercial lease buildings".\n\nif you were looking to buy an ongoing business, such as a spa or beauty salon, then your best bet is to start in the major newspaper's classifieds "businesses for sale" section.  There are also a few firms that specialize in buying and selling of businesses only, but i don't know where you are, nor can i recall any names at the moment.  try searching for " sell your business" on the net, maybe you'll get some compnanies that specialize in that.  good luck!
588324
It's called a lease.  \n\nJust google "sample lease" or "rental agreement".  There are hundreds.\n\nIf the contract involves real estate or housing, the renter can be called the landlord, and the rentee can be called the tenant.\n\nIf you need blank forms, they are availbale at office supply stores like Staples, Office Depot, Office Max, etc.
968544
Yes, but depending on your age and if you can make enough money it might be worth it. You also won't have to worry about  repairs or any other problems that come along with renting. You and your wife need to talk to a tax consultant.
957216
Start looking now, you can get an idea of whats available the costs etc.  Also most landlords know if they may have a unit available in the up coming months.  Good Luck KG
254084
As long as the lease stipulates what part of the house it covers, that's perfectly fine. It's exactly the same as renting an apartment.
136137
You want to lease office space to appear more professional, as opposed to an ebay storefront only, for example, not something that inspires "realness" from potential customers.\n\nYou go to the trouble of leasing space you advertise and build a business over time. That would suck to get kicked out. You want to have a long lease and lots of options to stay there so you don't have to build a customer base anew.\n\nYou are given little leeway in the courts as opposed to a residential unit to get off the hook for breaking a lease. So you want the contract to have some sort of reasonable way out if you have to "go out of business" or move due to a declining customer base.\n\nThose last two paragraphs kind of contradict each other so you have to strike a happy balance for your particular business.\n\nMost leases have some sort of method for determining market rent each year (that will only go up or stay the same of course) so that a longer term lease makes the landlord happy. Then options to renew are sometimes a part of the mix to make the tenant happy.\n\nIf want to search more you will have to search from the two parties point of view. First pretend you are starting a business and need help with a lease. Second pretend you are a real estate investor and need help renting it out. That should give you more info than you found already.