LessonsFinancial Leasing (إجارة): When Does Rent Really Begin?Quiz

If the lessor purchases or imports the leased asset, ownership-related acquisition expenses belong to him. Freight, customs duty and similar costs are his responsibility as owner.

He may take these costs into account when setting rent, but he cannot shift their legal liability to the lessee while still claiming the benefits of ownership.

Opening interactive controls...

Owner Expenses Stay With the Owner

Financial Leasing (إجارة): When Does Rent Really Begin?

If the lessor purchases or imports the leased asset, ownership-related acquisition expenses belong to him. Freight, customs duty and similar costs are his responsibility as owner.

He may take these costs into account when setting rent, but he cannot shift their legal liability to the lessee while still claiming the benefits of ownership.