What Is A Residential Lease Agreement?
A Residential Lease Agreement is a legally binding contract between a landlord and a tenant, that communicates all the terms and conditions of the lease, states the rights and the duties of the parties, and protects them in case of a disagreement. The cornerstone document is typically expected to be amended several times until the parties agree on all its conditions. Having reached an agreement, the landlord and tenant must sign the document and keep original copies until the end of the lease.
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