What do you mean by "LEASE"?what happens when you already paid all the leased office furnishings?

after paying the 5 year lease ,will you be paying anything again?can you keep the leased thing?(like aircon/heater/company cubicle office etc.etc.)

It depends on whether it's an operating lease or finance lease. An op'g lease may or may not have an option to purchase at the end. You may want to upgrade the equipment and not want to buy it. If you want to buy it, just pay the amount stipulated and the equipment is yours. A finance lease is a purchase by instalment and at the end of the finance period, the equipment is yours. To know what you have, read the lease agreement, especially the clause relating to the final lease payment.

A better word for 'lease' might be rent with the option to own.

You make the payments month by month for the term of the least and at the end of the lease you have the option to pay its buy out value or return it to the owner.

In general it is not the best option for people who want to buy something outright BUT for business owners it simplifies reporting their depreciation costs when it comes to tax time.

Very simple way to look at a lease....

Cost At Start - Value at end = Value you have to pay for

Value you have to pay for / time you keep it = monthly lease payment

What are you talking about? Usually leasing something means you have an option to buy, at the end of the lease, with a set amount in place according to contract, or you have the option to give back, which means you basically rented it. ~ I think this is what you are talking about! :)