Residential Lease Agreements

A Residential Lease Agreement is a legal contract between a landlord and a tenant outlining the terms under which a tenant can rent a property. It specifies the duration of the lease, monthly rent, security deposit, maintenance responsibilities, and rules regarding the property use. Both parties must abide by the agreement, which protects the landlord's property rights and the tenant's right to use the space. If either party fails to comply, it can lead to disputes that may require legal action. Understanding the agreement is essential for a smooth rental experience.