rentals

Rentals refer to the temporary transfer of possession or use of property or goods in exchange for payment called rent. The agreement typically specifies the duration, obligations of the parties, and conditions for returning the asset. Rentals can cover real estate, vehicles, machinery, electronics, and other consumer goods.

Residential rentals describe dwellings rented to tenants, including apartments, houses, and condominiums. A rental agreement or lease sets the term, rent amount, due date, and security deposit. Landlords generally maintain structural repairs while tenants are responsible for routine upkeep and utilities as outlined. Rent increases, deposits, and termination rights vary by jurisdiction and may be subject to rent-control laws or tenancy protections.

Commercial rentals cover office, retail, or industrial space, often via long-term leases with rent, escalations, and operating expenses such as maintenance and insurance. Terms may include base rent, net charges, common-area maintenance (CAM), and renewal options. Equipment and vehicle rentals provide temporary access to machinery or transportation, typically with daily or weekly rates, insurance requirements, and damage waivers.

Administrative and legal considerations include lease drafting, screening of applicants, and compliance with consumer protection and housing laws. Deposits and payment records help resolve disputes, and dispute resolution mechanisms may involve mediation or courts. Both landlords and tenants should understand their rights and responsibilities, including maintenance, payment timing, and end-of-lease procedures.