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A Facilities Use Agreement is a contract, but it is not a lease and cannot have the characteristics of a lease. Rather it is a contract that extends a license to someone who has no other right to use the property. It is permission to use the property for a specified purpose.
Most rental agreements are short-term agreements, such as month-to-month tenancies, while lease agreements are usually for longer rental periods, such as six months, a year, or more.
If you are a landlord who is looking to write up a rental agreement, then you don't need to spend $250 an hour at your local lawyers office to get a contract written up. You can write up a rental agreement from your own home.
Most rent agreements are signed for 11 months so that they can avoid stamp duty and other charges. According to the Registration Act, 1908, the registration of a lease agreement is mandatory if the leasing period is more than 12 months. The stamp paper can be in the name of the tenant or the landlord.