The lease agreement contains either specific provisions concerning the responsibilities and rights of the taker and lessor, or automatic provisions under local law. As a general rule, the tenant (also called a tenant) owned and used (the rent) the property rented to the exclusion of the owner and all others, except at the invitation of the tenant. The most common form of real estate rental is a rental agreement between the landlord and the tenant. [7] Since the relationship between the tenant and the lessor is called a tenancy agreement, this term is generally used for informal and short tenancy agreements. The tenant`s property right is sometimes called rent. A lease agreement can be entered into for a specified period (the term of the lease). A lease agreement may be terminated earlier than its end date: a fixed-term lease automatically expires when the fixed term expires or, in the case of a lease agreement that ends with the arrival of an event when the event occurs. If a tenant stays on the property after the termination of the tenancy agreement, he or she can become a tenant because the landlord has kept (or approved) the tenant instead of distributing it. Such a tenancy agreement is generally “at will”, i.e. the tenant or landlord can terminate it at any time with a corresponding legal termination. All types of personal items (for example. B cars and furniture) or real estate (for example, land.
B.raw buildings, detached houses and commercial buildings, including wholesale and retail businesses) may be leased. Through the rental agreement, the landlord (owner) grants the tenant the use of the land indicated. A lease is often called a lease, especially when real estate is leased. The rental of real estate is done through a rental application that will be used to establish the rental conditions. In addition to the basics of rent (who, what, when, how much), a real estate rental can go much more in detail on these and other issues. The property can be rented for housing construction, vehicle parking, storage, agriculture, institutional or government use or for other reasons. In addition, there are other elements of a lease that can weigh heavily on the overall acceptance of a contract. The details of leases can be very different.