There are several advantages to registering a lease with an authorized government agency. Let`s take a look at some of them ™ listed below. You want to keep your rental properties filled as long as possible so you can continue to raise funds. Every time someone moves, you lose a monthly income and have to spend money on ads. In accounting, there are different types of leasing contracts. The terms of the lease determine how the transaction is accounted for in the company`s annual financial statements. Types of leasing include leasing, operating leasing, sale and sale-leaseback. .