Leasing for property is available in Albany. This is a process whereby a firm or an individual can obtain the use of a property or other assets upon payment of regular, fixed, tax deductible payments as given as a part of the contract. The contract is drawn up between a lessor and a lessee. The lessee is the receiver of the services or the assets, and the lessor is the original owner of the same. The term of the lease can vary considerably. Payment for the lease can be done in two ways- a regular system of rent, or a flat amount whereas all other associated costs with the property are paid for by the lessor. A sub-lease also operates on the same principles as a lease, but this may be forbidden expressly in the original lease contract. Leasing can be done for many different types of property, such as land, houses, commercial property, vehicles and jewelry. The specific terms for each may vary. You can determine which of these are available for leasing in Albany. Leasing may have several advantages, such as lower capital investment, tax benefits as leasing is considered to be an expense rather than an asset, as well as the flexibility of operations.