2,553
edits
Difference between revisions of "Leases"
From Clicklaw Wikibooks
no edit summary
| Line 8: | Line 8: | ||
 |  | ||
== Summary of the law== | == Summary of the law== | ||
[[File:Consumer_Law_and_Debt_-_Leases.jpg|thumb|275px|right| link=| <span style="font-size:50%;">Image via www.istockphoto.com</span>]] | |||
Leasing agreements allow someone to use property temporarily. This arrangement is distinguished from sales agreements, where the intention is usually to allow the buyer to take permanent ownership of the property, or at least give the buyer a right to obtain ownership. | Leasing agreements allow someone to use property temporarily. This arrangement is distinguished from sales agreements, where the intention is usually to allow the buyer to take permanent ownership of the property, or at least give the buyer a right to obtain ownership. | ||
