You will receive an encoded MP3 file of the untagged song, and/or a copy of the raw WAV file. Leasing rights allow you to use the beat (or song) for ONE commercial recording or broadcast. This recording can then be distributed at your price for up to 2,000 copies. Selling more than 2,000 copies means you must acquire a new lease or exclusive rights. You may also use the beat for non-profit promotional use or demos. You have full rights to record, alter, mix the beat/song in any shape, way, or form (except reselling the beat). You may also acquire new leasing rights if you sell more than 2,000 copies since your contract predates exclusive sale. The seller will not receive a royalty from the sale of records or downloads. You must however give full credit to the seller (artist and/or producer name) on all commercial recordings. Upon purchasing leasing rights, the seller still owns the beat(s) and the seller is able to resell the beat(s) to any other party until exclusive rights have been purchased.