TenantRights

  • Lifestyle

    What is a Lease?

    Definition and Types of Lease A lease is a contractual agreement between a lessor (property owner) and a lessee (tenant) in which the lessor grants the lessee the right to use a property for a specific period of time in exchange for periodic payments called rent. There are various types of leases, including residential leases for apartments or houses, commercial…

    Read More »
Back to top button