A lease or rental agreement is a legal contract between a landlord and tenant. The agreement gives the tenant the right to use and occupy the rental property for a specified period of time. In return, the rental agreement requires the tenant to pay the landlord rent each month. The lease also sets out the rights and obligations of the landlord-tenant relationship.
What terms should be included in a written lease?
A written agreement should include all terms that are required under a lease and other specified terms that may be otherwise material or ambiguous unless put in …
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Can I choose to rent only to Hispanic tenants?
In general, a landlord may choose their tenants freely based on business criteria such as the prospective tenant’s credit history, income, and references. In …
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Are subleases usually allowed?
Unless the lease prohibits a sublease, a tenant may assign the lease to a third party. Many leases either prohibit subleases or require adequate notice to the landlord.