Residential Lease Agreement
What is a Residential Lease Agreement?
A Residential Lease Agreement is a legally binding contract between a landlord and a tenant that outlines the terms and conditions of renting a residential property. It sets forth the rights and responsibilities of both parties, including the duration of the lease, the amount of rent, and any additional terms or provisions.
What are the types of Residential Lease Agreement?
There are several types of Residential Lease Agreements to accommodate different situations. The most common types include: 1. Fixed-Term Lease: This type of lease has a specific start and end date, and both parties agree to the terms for that specified period. 2. Month-to-Month Lease: This type of lease automatically renews on a monthly basis unless either party gives notice to terminate. 3. Sublease Agreement: This allows the tenant to rent the property to someone else for a portion of the lease term. 4. Commercial Lease: This applies to properties used for commercial purposes, such as retail or office spaces.
How to complete a Residential Lease Agreement
Completing a Residential Lease Agreement can be a straightforward process when you follow these steps:
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