Rental Agreement

A rental agreement is a legal contract between a landlord and a tenant that outlines the terms of renting a property. It specifies details such as monthly rent, security deposits, duration of the lease, and responsibilities for maintenance and repairs. Both parties must adhere to these terms, providing clarity and protection in the rental relationship. It can be short-term or long-term and may include rules about pets, utilities, and notice periods for ending the agreement. Essentially, it ensures that both the landlord and tenant understand their rights and obligations during the rental period.