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nive1980 · 15-04-08

Hi,
I would like to know the difference between leasing out an apt and renting out. For example: If an apt costs Rs 30k per month as a montly rent, I beleive it would be safe to ask for a lease amount of Rs 6Lakhs per annum(which would mean 6l/12=50k per month rent). Why would a tenant pay at the rate of 50k per month as lease amount when he can get the same apt for 30k per month as montly rent, or is it that the lease amount also includes an amount which the land lord would not get.

15-04-08	#1
nive1980 New Member Join Date: Apr 2008 Posts: 1 Thanks: 0 Thanked 0 Times in 0 Posts	Difference between Rent and lease. Hi, I would like to know the difference between leasing out an apt and renting out. For example: If an apt costs Rs 30k per month as a montly rent, I beleive it would be safe to ask for a lease amount of Rs 6Lakhs per annum(which would mean 6l/12=50k per month rent). Why would a tenant pay at the rate of 50k per month as lease amount when he can get the same apt for 30k per month as montly rent, or is it that the lease amount also includes an amount which the land lord would not get.