Renting is an agreement where a payment is made for the temporary use of a good, service or property owned by another person or company. The owner of the good, service or property may be referred to as the lessor and the party paying to use the property as the lessee or renter. The rental market has recently expanded to cover a diverse variety of goods and services including everything from lawnmowers and washing machines to handbags and jewellry. Reasons for renting There are many possible rea… (More on Renting)