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a rental agreement is a legally binding contract between the tenant and the owner or landlord a rental agreement or enter lease specifies the rights and responsibilities of both the tenant and the owner or landlord the tenant can use the describe property for a certain amount of money that he or she pays the owner or landlord every month both the parties have to follow the terms and conditions throughout the term of the agreement the advantages of having a rental agreement the primary reason stated for 11 min agreement is to skip the registration process if the rental agreement is for more than 11 months it has to be duly registered and stamp duty has to be P
