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If you’re a landlord in California renting residential or commercial property, a lease agreement is essential. It establishes the foundation of your relationship with tenants, outlining crucial terms that protect your interests. Key elements to include are fees, pet policies, termination terms, and other important details. The lease, or rental agreement, functions as a contract between the landlord and tenants, covering rules like monthly rent, security deposits, and recurring fees. Understanding what to incorporate in your lease agreement is vital for a smooth rental process.
