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I don't even think "Rent" is appropriate... I would prefer an actual "Lease" with some definitive terms of "at least N months" with a full refund if less than
by tracker1 2y ago
I don't even think "Rent" is appropriate... I would prefer an actual "Lease" with some definitive terms of "at least N months" with a full refund if less than N months. Which could exceed N, but not less than. At least then it would be more clear with a debt path and holding requirement for the Lessor.
- lotsofpulp 2y agoRenting and leasing are the same thing. Renting is colloquially used for shorter periods of time, and/or more lenient cancelation terms prior to the rental term ending. In the context of everyday consumer purchases, renting is simpler to understand.