Lease agreement

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Residential Lease agreement

Lease Agreement also known as a rental lease agreement, tenancy agreement, or rental contract: Allows a tenant to rent a residential property in exchange for regular payments to a landlord. Describes the rights and obligations of both a landlord and a tenant during the rental term.

In the case of furnished rooms, you should also draw up an inventory,

Once the contract is signed, both parties are legally bound by it. It is therefore essential to carefully read and understand the contract, Rent is the amount paid to the landlord every month. Gross rent is the rent plus the extra costs such as garbage disposal, electricity, heating and water costs 

Most leases are for a one-year term. Unless otherwise stated on the lease, most contain a clause allowing the lease to continue on a month-to-month basis. A month-to-month lease is an agreement for a one-month time period that is renewed automatically each month for another month until terminated by either side. A thirty day notice is usually required to terminate the month-to-month agreement.