A Lease Agreement is a contract between a landlord and tenant that outlines the terms of renting a property. This document is crucial for protecting the rights of both parties and ensuring a clear understanding of the rental terms.
Key Components
Property Description: Provide a detailed description of the rental property.
Lease Term: Specify the duration of the lease, including start and end dates.
Rent Payment Terms: Outline the amount of rent, payment due dates, and acceptable payment methods.
Lease agreements are vital for establishing a legal framework for the rental relationship.
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