10. When you ask the leasing specials they tell you that they are waiving the administrative fee and offering $100 off each month when you sign a 13-month lease. The studio rents for $750 a month. How should the Rent, Special Type, Special Amount and Lease Term be entered?

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Leasing

Leasing is a contractual arrangement in which someone (a lessee) pays the owner (or lessor) of a building, land, vehicle, or other asset for the use of that asset. The lease is the agreement between lessee and lessor.