Group 772 - Renting and leasing of personal and household goods
PSIC Group 772 covers Renting and leasing of personal and household goods. Direct children below it include Renting of video tapes and disks, Renting and leasing of other personal and household goods, and Renting and...
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Practical summary
Group 772 sits in the PSIC 2019 hierarchy under N Administrative and Support Service Activities > 77 Rental and Leasing Activities. This group usually narrows the choice to a small family of classes such as Renting of video tapes and disks, Renting and leasing of other personal and household goods, and Renting and Leasing of Recreational and Sports Goods. It is useful when two or three neighboring activities look similar but should not be collapsed into one code.
Where this code is used
This group is used when reviewers compare a short list of classes such as Renting of video tapes and disks, Renting and leasing of other personal and household goods, and Renting and Leasing of Recreational and Sports Goods and need to decide which family is the closest fit. It is common in internal classification review and administrative lookup work.
How to choose it
Use this group when the activity sits between similar classes such as Renting of video tapes and disks, Renting and leasing of other personal and household goods, and Renting and Leasing of Recreational and Sports Goods. The safest choice is the one whose wording matches the actual production, service or operating model most closely.
Official note
Source-backed description
This group includes the renting of personal and household goods as well as renting of recreational and sports equipment and video tapes. Activities generally include short-term renting of goods although in some instances, the goods may be leased for longer periods of time. 7721 77210 Renting and leasing of recreational and sports goods This class includes renting of recreational and sports equipment: pleasure boats, canoes, sailboats; bicycles; beach chairs and umbrellas; other sports equipment This class excludes: Renting of video tapes and disks, see 7722; Renting of other personal and household goods n.e.c., see 7729; Renting of leisure and pleasure equipment as an integral part of recreational facilities, see 9329.
FAQ
What does PSIC Group 772 cover?
PSIC Group 772 clusters a smaller family of classes under Renting and leasing of personal and household goods and is useful when the business sits between closely related options.
How do I compare Group 772 with sibling groups?
Look at the parent class and the nearby sibling groups. On this page, the most relevant nearby options are 773 Renting and leasing of other machinery, and 771 Renting and Leasing of Motor Vehicles.
Why is Group 772 useful for classification?
It sits at the point where a broad sector is already narrowed enough to compare a small family of similar classes before the final code choice.