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What is another name for a tenancy agreement?

One of the most commonly used synonyms for tenancy agreement is lease agreement. In fact, some people use these terms interchangeably.

What is a contract outlining rental terms called?

A lease is a legal, binding contract outlining the terms under which one party agrees to rent property owned by another party. It guarantees the tenant or lessee use of the property and guarantees the property owner or landlord regular payments for a specified period in exchange.

What is the term for the contract that a renter signs?

A lease is a fixed term agreement and is usually in writing. Another kind of written agreement is a rental agreement, which is usually month-to-month and not for a fixed amount of time. Unlike a lease agreement, either the landlord or the tenant can terminate a rental agreement at any time upon proper notice.

What is another name for a rental agreement?

Often, the terms lease agreement and rental agreement are used interchangeably to mean the same thing.

What is the word for a rental contract?

A legal agreement for temporary possession of property or goods in exchange for regular payments. lease. contract. leasehold.

What is a rental agreement known as?

A lease agreement or a rental agreement is a vital legal document that should be completed prior to a landlord renting property to a tenant.

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Slide type in the Rent to Own Contract