Lease Agreement Docx – A lease agreement is a legal contract that allows the tenant to make use of the home for a while. The agreement specifies the conditions and circumstances underneath which the parcel might be employed and what happens if the tenant will not observe these terms. It is also known as the rental agreement or rental deal.
The landlord and tenant have distinct tasks in this particular form of agreement. The landlord agrees to deliver the residence to the tenant and ensure it is in very good condition even though offering all essential utilities – drinking water, energy, heating, etcetera. The tenant agrees to pay for rent on time and handle the residence like it is really their house.
In certain states, landlords have to give a lease agreement form just before they can lease out their houses.
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