A RESIDENTIAL LEASE provides written proof of the terms and conditions agreed upon between the Landlord and Tenant for a particular property. This is a necessary, legally binding contract between a Landlord and his or her Tenant(s). The idea of a Residential Lease is to clearly outline the expectations, rights, boundaries and responsibilities of the Landlord and Tenant during the duration of the tenancy. Having a document like this in place permits enforcements of the terms agreed upon, should there ever be a misunderstanding regarding the property. It is wise to create this (more…)
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