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Renting

 

 

 

 

 

 

 

In renting the lessee hires from the lessor those items of equipment which he does not wish to own outright. It is different to leasing in that:

 

- It is a short-term operation, compared to the medium or long-term of the leasing.

 

- There is no purchase option upon conclusion of the contract.

 

- Renting incorporates other services such as maintenance, repairs, etc...

 

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