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Answer Posted / peter athanas
OPERATING LEASE:were the lessor is responsible to do
maintanance and pay for Taxes and other outstandings
concerning with the property.
FINANCING LEASE:were the lessee holds the property for the
period that covers the life span of the leassed
property.under this type the leassee is responsible to make
maintanance and pay for the tax and other outstanding
balances concerning with that propety.
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