Are renting and leasing an apartment the same thing? Read your choices carefully and choose the one correct answer. A. False. Renting usually means you have a month-to-month agreement. Leasing usually means you have a much longer agreement. B. False. Leasing does not have a set time frame and the agreement can be changed every 30 days. Renting has a definitive time frame and nothing can be changed until that time frame has expired. C. True. They can be used interchangeably. D. False. You can only lease a car not a house or an apartment.

Question

Tyrone Mcintyre

Business

29 September, 13:28

Are renting and leasing an apartment the same thing? Read your choices carefully and choose the one correct answer. A. False. Renting usually means you have a month-to-month agreement. Leasing usually means you have a much longer agreement. B. False. Leasing does not have a set time frame and the agreement can be changed every 30 days. Renting has a definitive time frame and nothing can be changed until that time frame has expired. C. True. They can be used interchangeably. D. False. You can only lease a car not a house or an apartment.

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Irvin Mckay · Answer 1

I would say that renting and leasing an apartment are not the same thing, and I would choose A. False. Renting usually means you have a month-to-month agreement. Leasing usually means you have a much longer agreement.

However, I am not entirely sure.