Renting

This article is about an agreement for payment for temporary use. For other uses, see Rent (disambiguation).

"Rental" and "Rentals" redirect here. For other uses, see Rental (disambiguation).

"Renter" redirects here. For the Estonian economist and chess player, see Raul Renter.

"Letting" redirects here. For other uses, see Let (disambiguation).

Notice of renting availability of a building in Kaohsiung, Taiwan

Notice of renting availability at the Villa Freischütz in Meran in 1911

Renting, also known as hiring or letting, is an agreement where a payment is made for the use of a good, service or property owned by another over a fixed period of time. Typically a written agreement is signed to establish the roles and expectations of both the tenant and landlord. There are many different types; a rental agreement tends to refer to short-term rental, whereas lease refers to longer-term rental, also known as leasing.