What does leasing mean in a real estate?

Answer Leasing means to grant the temporary possession or use of lands, tenements, buildings, etc., to another, usually for compensation (monthly rent) at a fixed rate.

Top Q&A For: What does leasing mean in a real estate

Tax Advantages to Leasing Real Estate?

Investing in rental real estate can be a boon -- both because it can provide a boost to your income and net worth and also because of the tax advantages. Since 1921, the U.S. tax code has distingui... Read More »

Why be a real estate broker vs. a real estate agent?

While many people use the terms interchangeably, there is a difference between a real estate broker and a real estate agent. Being a real estate broker has several advantages over being a real esta... Read More »

What is REO in real estate?

REO stands for "Real Estate Owned" and is used to describe a property that has gone through foreclosure without receiving a successful bid. Without a new buyer for the property, the lender, usually... Read More »

What is real estate tax?

Real estate tax is a fee charged by a governing body in a state to owners of real estate within the state. The amount owed is a percentage of the value of the property and is paid annually.Building... Read More »