Lease is actually a kind of contract where one party agrees to provide the property to another party in lieu of rent. Generally lease is for fixed number of years say 5 years, 10 years, 15 years etc. The one who is lending the property is known as lessor and the one who is receiving the property is called as the lessee. There is a difference between taking the property on lease and buying a leased out property. Here you will understand that how these aspects are different. So, stay tuned as the best information will be shared in the coming paragraphs.

Here are the differences between the two aspects 

Leasing

Let’s first discuss about leasing. If you want a property on rent for a specified number of years then you should go for the lease arrangement. It is a better option than taking the space on rent as in this case you will have an assurance of having the property for a fixed number of years. In simple rent agreement the owner may ask you to evacuate the property at any time as per his or her wish. But this thing will not happen in case of lease. Each and every aspect will be clearly mentioned in the lease contract and duties of the lessor as well as lessee will be highlighted. If you will pay the lease rental on time then the lessor won’t create any sort of problems. You can find the best office space for leasing in noida. 

Leased out property for sale

A leased out property for sale is the one that is currently on lease and is available for sale in the open market. For example there is a property whose lessor is Mr. A and the property is leased out to Mr. B. The lease agreement is still in operation and Mr. A wants to sell the property. This is the situation of leased out property available for sale. If you will buy such a property then you will become the actual owner and all the lease benefits that were enjoyed by Mr. A will be transferred in your name. You will get regular rental from Mr. B and once the lease contract would be over then you can use the property as per your wish.

Thus, the concepts of lease and leased out property for sale are different from each other and the above mentioned paragraphs clearly highlight the differences.

Genuine advice

If you want an office space on lease then the simple requirement is that you will have to enter into the lease agreement with the owner and then you can enjoy the rights over the property. But if you wish to buy a property from investment point of view then you can buy a commercial leased out property and it is guaranteed that you will get massive annual rental. With the help of online platform you can easily find the sources that are leasing commercial property for sale in noida. So, take a wise decision and choose the most convenient option.