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Rent vs Lease: What Is The Difference?

Rent vs Lease: What Is The Difference?

Rent

Although most renters use the terms rent and lease interchangeably, leasing a property is not the same as renting a home. Depending on how the rent agreement is drafted and registered, there are several legal ways to rent a property. A lease is only one method of renting an apartment. A rent agreement can be…

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