What is the difference between 'space for rent' and 'space for lease'?

I believe Viv is closest to clarifying the difference in the least words. Rent implies monthly stipends with more than likely an advance of one month for security. Generally this provides for damage if they agree you will be the tenant. Lease is a signed contract for a period of time usually 1-2 years, but it can be shorter say 6 months if stated in writing. Also an advance for security for damage. Both advances are common for rent and leases. Generally a requirement for both is one's background of debt or job to prove you can afford to pay payments to them. Also if not able to cover minimal requirements of this need someone to co-sign to be able to turn to if defaults in payment or leaves without notice (usually 30 days is required notice for renting) or in a lease until the time of lease is up. One is obligated for entire lease agreement of time period. This makes the property management more comfortable that a Guarantor is able to make the payment if the tenant is not able to do so. I hope I helped with some points in the difference.

They could be meaning the same thing! A lease is a written contract for a specific time period, usually a year. Space for rent could be on a month to month basis that can be terminated by either party at any time. A lease is a little harder to break and the lessee is usually bound for the duration.

What Cathy is saying is not correct! She is talking about something called Lease with the option to buy, that's different then leasing a place you are typically just renting. I have a lease agreement on the apartment I rent. I am not purchasing it. Nor was the offer made to lease with the option to buy! There is a difference!

Space for rent means you pay say $700/month and you dont own anything and never will. You can rent forever if your landlord will let you.

A lease is a "rent to buy" type of thing. You set up a contract where say you rent for 12 months for $700/month and after 12 months, you have the option of purchasing (and maybe work some type of deal where part of your rent money will go towards the down payment)

You see that with condos a lot nowadays.

A rent is a payment made periodically to someone else in return for use of property etc.

A lease is a CONTRACT renting property, etc. for a period of time.

They're the same.