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					<title><H3>Leases</H3></title><authorname></authorname><authordesc></auth
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<p>
A lease is a type of agreement that allows you to be able to exclusively
use something for a length of time. It is different from buying something
as you won’t own it or have any equity in it. Yet leasing is often a more
affordable way to get what you want at a given time. It isn’t always the
best way to go though or right for everyone. There are many things you
can lease but the two most common ones are vehicles and property.
<p>
An auto lease may make sense for you if you want to be able to upgrade to
a newer vehicle ever couple of years. If not then you may want to
consider just buying one. Some people don’t intend to keep a vehicle that
they are leasing but then fall in love with it. At the end of the lease
you may have the option to buy it but you will need to read the terms and
conditions.
<p>
Leasing a building for your business can make sense too. You may want to
try out a particular area of town to see how the foot traffic works for
you. With a lease you don’t have to buy it and then try to figure out how
to get out from underneath it later on. Another time when people lease is
if they are having a structure built for them. This can take a year or
two for completion so a lease for that period of time allows them to move
forward with opening their business.
<p>
Some people lease a home instead of buying it as well. If you aren’t
going to remain in the area for a long time this can be a really good
idea. Many college students lease homes and apartments for the duration
of their classes. This is a better option for them than staying in the
dorms.
<p>
Make sure you carefully read all of the terms and conditions of a lease
though. Too many people don’t do this and then they get into financial or
legal trouble over the deal. It can be a good deal for you if the terms
are right. Everyone has different circumstances though so only you will
be able to make that decision.
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