Private Rental Agreement Template. This written agreement states the terms of the rental, such as how long the tenant will rent the property and how much they will pay, in addition to the repercussions for breaking the agreement. A lease is a legally binding contract used when a landlord (the “lessor”) rents out a property to a tenant (the “lessee”).

A lease agreement allows a tenant to occupy space in exchange for the payment of rent to the. The agreement allows a tenant to use the property in exchange for a rent payment. The tenant is obligated to pay the first (1st) month’s rent, and any deposits, at the time of executing the lease.








