A document indicating legal relationship between two parties where one is landlord and other is tenant can be known as lease agreement. Such agreements are usually prepared and signed when a landlord allows the tenant to use a specific property for rental purpose. This legal document is used to highlight all terms and conditions of rental transaction that both parties must agree before signing. Free lease agreement templates are commonly used to compose lease agreements either for residential or commercial purpose. You can get here blank lease agreement to document the lease deal with potential tenant.
Basic purpose of the lease agreement is to show basic terms of lease such as what type of property the tenant can use for rental, how much he or she will pay each month as rental payment and for how long he or she can use the property on lease etc. Lease contract protects rights and obligations of both parties by explaining both parties’ expectations from each other. Always use simple language to produce a lease agreement and include all essential details that make your agreement legally enforceable by law. Free lease agreement samples are added below the text for your reference.
Parties of the lease agreement are known as lessee (tenant) and the lessor (property owner or landlord). Lease agreements are of two types where one is residential and other is commercial. Shown below collection of lease templates also include commercial lease agreement templates that you can use to prepare a lease contract for commercial use. Remember one thing that you should prepare a lease agreement for a property which is legal to own and will be used for only legal purpose otherwise it will not be enforceable when required. Choose a suitable lease agreement template and download free of cost from here.
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