Home > Renting

• Housing tenure, where the person who lives in the house is a tenant, paying rent to the landlord, who owns the property.
• The renting of motion pictures on VHS or DVD, of audio CD's, of computer programs on CD-ROM.
• Renting transportation equipment, such as an automobile, boat or bike.
• Renting somewhat specialized tools, such as a floor buffer, or something bigger, such as a cherry picker .
• Renting a beach chair.

Renting can, in various degrees, involve buying services, such as staying in a hotel, using a computer in an Internet cafe, or riding in a taxicabAlternative meaning: taxicab geometry. Hackney carriage). A taxicab (sometimes called taxi cab or hack is a vehicle for hire which conveys passengers between locations of their choice. In most other modes of public transport, the pick-up and drop-off loca.

Reasons for renting rather than buying include:

• Renting is tax attractive (in Spain)
• Financial inadequacy, such as renting a house when one is unable to buy it.
• A product is needed only temporarily, as in the case of a special tool or a truck.
• Need for a similar product that is already owned but not in close proximity, such as renting a car or bike when away on a trip.
• Needing a cheaper alternative to buying, such as renting a movie: a person is unwilling to pay the full price for a movie, so they rent it for a lesser price, but give up the chance to view it again later.

Some merchants have rent-to-own programs, usually for expensive items such as homes or appliances.

As seen from the examples, some rented goods are used on the spot, but usually they are taken along; to help guarantee that they are brought back, one or more of the following applies:

• one shows an identity documentAn identity document is a piece of documentation designed to prove the identity of the person carrying it. Unlike other forms of documentation, which only have a single purpose such as authorizing bank transfers or proving membership of a library, an iden
• one signs a contractA contract is any promise or set of promises made by one party to another for the breach of which the law provides a remedy. The promise or promises may be express (either written or oral) or may be implied from circumstances. Typically, the remedy for br; any damage already present when renting may be noted down to avoid that the renter is blamed for it when the good is returned
• one pays a depositMain article deposit (bank A deposit is a specific sum of money taken and held on account, by a bank as a service provided for its clients. A financial institution wishing to take deposits are generally required be under financial supervision, and to hold (also used for paying for small damage)

Sometimes the risk that the good is kept is reduced by it being a special model or having signs on it than can not easily be removed, making it obvious that it is owned by the rental company; this is especially effective for goods used in public places, but even when used at home it may help due to social control.

If one regularly rents goods from a particular company, often one has some kind of account, which reduces the administrative procedure on each occasion.

Lending bookA book is a collection of leaves of paper, parchment or other material, bound together along one edge within covers. A book is also a literary work or a main division of such a work. A book produced in electronic format is known as an e-book. In library as from a libraryAlternative meanings: Library (computer science), Library (biology In its traditional sense, a library is a collection of books. It can refer to an individual's private collection, but more often, it is a large collection that is funded and maintained by could be called renting when there is a fee per book. However the term lending is more common.

See also: LeasingTenancy agreements Form of financing focusing on amortization or depreciation. Elements of leasing are present value, future or residual value, interest and duration. Leasing allows a company or entity to have the benefits of using equipment without the r