Residential Leasing
Residential leasing is the process of renting a property, such as an apartment or house, from a landlord for a specified period, usually outlined in a lease agreement. This agreement details the rental amount, payment terms, responsibilities for maintenance, and rules for living in the property. Tenants pay rent regularly, typically monthly, in exchange for the right to live in the space. At the end of the lease, tenants may renew the agreement or move out, provided they’ve complied with the lease terms. It’s important for both parties to understand their rights and obligations within the lease.
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Residential leasing is an agreement between a landlord and a tenant that allows the tenant to live in a property for a specified period, usually in exchange for monthly rent. The lease outlines key terms such as the rental amount, duration of stay, security deposits, and rules for using the property. It serves to protect both parties: the landlord ensures property care and timely payment, while the tenant gains security and a legal right to occupy the space. At the lease's end, tenants may renew, vacate, or negotiate new terms.