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rental agreement forms are constructed and subsequently filed when a company or organization wants to rent a facility or room for a specific purpose the rental agreement form acts as a legally binding contract between the owner or management company of the property and the entity who is renting the property additionally rental agreement forms are typically authorized by a landlord or management company of a rental housing unit such as an apartment or condo in this instance the individual renting the space must fill out and sign the rental agreement form to legally establish the renting of the property the first section of a rental agreement form will list the parties involved in the transaction typically the landlord and the tenants who wish to rent the space this section will also list the address of the property following the satisfaction of this basic information the rental agreement form will establish the monthly amount charged for rent in this section the renting party must agree