Renting is when you rent some thing say for example a car you will have to pay for it once a month .Another example is when you rent a apartment you also have to pay once a month but if you don't pay for it the owner my raise your rent or kick you out.Owning is when you own a property or other things the owner can do what ever he want if the had a car and they might want to let someone rent it the person who is renting can't do any thing to the car but the owner can because he own the vehicle.
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