Explore our knowledge base of frequently asked questions and help topics
The lease agreement is a contract between the Property Owner and Resident that specifies the terms of the lease. Specifically, it addresses the length of the lease, occupants, monthly rental amount, policies and procedures, general clauses, and addendums, such as pets, insurance, mold, crime, and drug-free policy.
The lease is designed to let the Resident know what is expected to ensure a successful tenancy and is essentially a binding document that guarantees the Resident's use of the property and guarantees the Property Owner regular payments for a specified period.
Was this article helpful to you?