Business Studies, asked by kangappan721, 9 months ago

What do you mean by lease rent?

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Answered by rasneet25

0

A lease is a contract outlining the terms under which one party agrees to rent property owned by another party. It guarantees the lessee, also known as the tenant, use of an asset and guarantees the lessor, the property owner or landlord, regular payments for a specified period in exchange.

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