A lease is an agreement under which a property owner allows a tenant to use the property for a specified period of time and rent. The lessee agrees to pay a number of fixed or flexible installments over an agreed period to the lessor, who remains the owner of the asset (item)
A lease is an agreement under which a property owner allows a tenant to use the property for a specified period of time and rent. The lessee agrees to pay a number of fixed or flexible insta…