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Turns out Apartments watch a lease being a loan. In case you are seeking a 12-month lease on a loft apartment that’s $800 a month, you’re essentially taking out a $9600 loan may repay for a year. If you’re late, you’ll obtain a late monetary cost. If you’re too late, they’ll repossess the apartment. So in that sense, I’m guessing it is often a loan.
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