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S & P Properties
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Google Property Information
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Reg. No: E (3) 0382
4E,Jalan Masjid Negeri,
11600 Penang
Tel: 04-6588345
Fax: 04-6585345
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Real Estate Glossary of the
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Leases
Leases can appropriately be classified into finance leases and operating leases. The distinction between a finance lease and an operating lease will usually be evident from the terms of the contract between the lessor and the lessee.
Rent
An agreed charge for the use of a capital asset, typically property (see Lease).
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