Question

What is the main difference between renting and leasing?

A Leasing is month to month.
B. You do not have any rights when you rent.
When you lease you normally have a longer term contract and can't move
C.
out early without paying big penalties.
D. When you rent you have ownership in the apartment.

Answer 1

C-When you lease you normally have a longer term contract and can't move

out early without paying big penalties.

Step-by-step explanation:

The difference between lease and rent is that a lease generally lasts for 12 months while a rental agreement generally lasts for 30 days