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You cannot have a property on lease and also on monthly rent. If it is a lease it is an agreement between the landlord and the tenant who pays a lumpsum amount as a deposit to the landlord for a fixed term of years and after the term is over the landlord returns the lumpsum amount deposited with him to the tenant without any interest and the tenant vacates the property. Here the landlord uses the deposit amount for his use and after term expires returns the amount without interest. If an amount is paid as advance the (normally less than the lease amount) amount is also returned to the tenant after the period, but in addition to the lumpsum amount a monthly rent is also being paid, which is non-returnable.

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Q: If i have recently found a property that i wish to own on lease plus a monthly rent and i wish to know whether you will have to pay this upfront or whether you can pay it in monthly installments?
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