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A lease agreement is a crucial document for landlords to protect their property and finances. Without one, landlords may risk losing money, property damage, and difficulty collecting rent. Creating a lease agreement is easy and essential for avoiding disputes with tenants. It defines the obligations and rights of both parties. Key elements include property details, tenant and landlord information, rental terms, and rules. Having a lease agreement is the first line of defense for landlords to address issues and protect their property.
