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- Landlords often find it hard to determine what goes into a lease agreement. This contract sets the foundation for your experience and that of the tenant. Therefore, you should use it to protect yourself and explain to the tenants what they must do. In this video, were gonna learn more about Colorado residential lease agreements for rental properties. So lets dive in. (upbeat music) Lease types. Whether its a commercial or residential lease agreement, you get a signed contract between you and the prospective tenants. This document states the rules associated with living there, which include monthly rent payments, security deposits, recurring fees, and more. Sublease. Generally, a sublease is similar to a lease agreement. The tenant might decide to ask someone else to live on the property and take care of everything. Both parties agree that the sublease must pay the rent each month for the premises. Landlords usually have to approve of the sub-leasee and tenants first. What to inclu