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residential leases

A residential lease is a legal agreement between a landlord and a tenant that outlines the terms under which the tenant can occupy a property. It specifies details like the rental amount, payment due dates, lease duration, and responsibilities for maintenance and repairs. Typically, leases also include rules about behavior in the property and conditions for ending the agreement. Once signed, both parties are obligated to follow the terms until the lease expires or is terminated according to its provisions. Understanding these details is crucial for both tenants and landlords to ensure a smooth renting experience.

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    A residential lease is a legal contract between a landlord and a tenant, allowing the tenant to live in a property for a specified period, usually in exchange for monthly rent. The lease outlines responsibilities, such as maintenance and repairs, and rules for using the property. It specifies the duration of the lease, often one year, and conditions for renewal or termination. Both parties must adhere to the terms, and breaking the lease can lead to penalties. Understanding the lease is important for protecting rights and responsibilities in the rental relationship.