Lease Agreement

/
/
Lease Agreement
/
/
Lease Agreement

Lease Agreement

A contract specifying the terms under which a landlord rents property to a tenant.

420.41

(3 customer reviews)

Description

A Lease Agreement is a binding contract between a property owner (landlord) and an occupant (tenant), detailing rental terms, payment schedules, security deposits, maintenance responsibilities, and lease duration. It can be for residential, commercial, or industrial properties. This agreement protects both parties by specifying conditions under which the lease can be terminated, rent increases, and dispute resolution processes. A well-drafted lease agreement prevents misunderstandings and ensures legal recourse if either party fails to meet their obligations.