Duration: can be determined individually. Not terminable during the minimum term of lease.
Rental payments: monthly expenses are fully tax-deductible
Liability for material defects: lessor ensures that rental property is fully functional
Accounting/depreciation: depending on accounting principles
HGB on the side of the lessor
US-GAAP on the side of the lessor
IFRS on the side of the lessor
Expiration of contract: not designed to contain a buying option
Special contract types: BVB/EVB-IT rental contract for the public sector