28 November 2008
What is the difference between lease agreement & rent agreement. Since operating lease is as good as rent agreement so why do we call it lease agreement. whether there is any difference between operating lease agreement & renatl agreement or it is just substitution of words.
28 November 2008
rent and lease are different, never same. in finance lease the depreciation effect will be different... rent agreement are generally less than a year n lease agreement are long term
28 November 2008
i m not satisfied with your answer. i was talking about operating lease & not the finance lease. what is the difference between rent agreement with escalation clause & operating lease?