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A lease agreement is a crucial document for landlords to protect themselves from potential risks and disputes with tenants. It is a legally binding contract that outlines the responsibilities and rights of both parties. Without a lease agreement, landlords may face financial losses from property damages and unpaid rent. Creating a lease agreement is easy and essential for ensuring a smooth landlord-tenant relationship. Key components of a lease agreement include details of the property, names of the parties involved, and terms of the rental agreement.
