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A lease agreement is essential for landlords to protect their property and rights. Without one, landlords risk losing money and property damage. Creating a lease agreement is easy and helps avoid disputes with tenants. It is a legally binding contract that outlines the obligations of both parties. Key elements to include in a lease agreement are property details, tenant and landlord information, terms of the lease, and conditions of rent payment. Having a lease agreement in place is crucial for landlords to resolve issues and protect their property.