Lease and rent agreements are written legal documents, that bind two people in a legal relationship. These two people or parties are a landlord and a tenant. The main elements of the lease or rent agreements are: Premises including the house, basement, apartment, commercial areas etc. The landlord or the owner of the premise which is also known as lessor. The tenant who will be given the premise on rent The amount of rent which the tenant will be bound to pay The terms and conditions on the basis of which the agreement will be signed. This section includes the…
