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the virginia rental agreement in this video we will tell you about the most noteworthy aspects of rental agreements in the state of virginia what is a rental agreement a rental agreement or a lease is a document that outlines the arrangement between two parties regarding a property rental the one whos paying rent is called a tenant while the owner of the property who lets the other party use it under certain conditions is called a landlord the parties may also be called a lesser and lessee typically a rental agreement lasts for 6 or 12 months with rent being paid every month or every week there is one federal disclosure that works for all lease agreements in the united states this is called the lead disclosure and it requires the landlord to tell the tenant about all known lead paint hazards they should also provide the state-approved version of the pamphlet protect your family from lead in your home however this requirement applies to not all types of residential dwellings required