The agreement contains the following information about both parties:

  • Name of the parties
  • Address of the property
  • Amount of time of rent
  • Amount of payment for rent
  • Termination clause

However, more clauses can be added after being mutually determined and agreed upon by both parties depending on the circumstances.

Defining lease agreement

A tenant needs to sign a lease agreement presented by the landlord before taking possession of the property or a part of the property. A lease agreement is a carbon copy of a rental agreement.

However, the major difference between the two agreements is that a rental agreement provides tenancy for a period of usually 30 days whereas a lease agreement is created for around 6 to 12 months of residence.

Drafting a rental/lease agreement has never been so easy!

Our experienced team of lawyers here at best legal services can help you with your rental and lease agreements online. We provide lease agreement forms and online services related to rental agreements. Visit us at bestlegalservices.in