Rental lease

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Rental lease

Rental Lease

A lease whereby the lessee pays a certain amount of rent in exchange for use of a property; in exchange, the lessor agrees to provide maintenance and insurance for the property. It is also called a full-service lease.
References in periodicals archive ?
Clients can use EnableUs solutions to manage multiple financial products including real estate, equipment, full-service leases and commercial business loans.
PACCAR Leasing Corporation has another 9,000 units on full-service leases with customers in the U.