tenancy agreement

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A lease is a contractual arrangement calling for the lessee (user) to pay the lessor (owner) for use of an asset. Property, buildings and vehicles are common assets that are leased. Industrial or business equipment is also leased.
Broadly put, a lease agreement is a contract between two parties, the lessor and the lessee. The lessor is the legal owner of the asset, while the lessee obtains the right to use the asset in return for regular rental payments. The lessee also agrees to abide by various conditions regarding their use of the property or equipment. For example, a person leasing a car may agree to the condition that the car will only be used for personal use.
The term rental agreement can refer to two kinds of leases. First is a lease in which the asset is tangible property. Here, the user rents the asset (e.g. land or goods) let out or rented out by the owner. (The verb to lease is less precise because it can refer to either of these actions.) Examples of a lease for intangible property include use of a computer program (similar to a license, but with different provisions), or use of a radio frequency (such as a contract with a cell-phone provider).
Rental agreement can also refer to a periodic lease agreement (most often a month-to-month lease) internationally and in some regions of the United States.

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  2. A

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    Hi there, with permission from the landlord I am looking to sublet a room in my apartment but I want to make sure I do this properly and legally (I already have permission to sub-let). What agreement / contract do I have to provide to a subtenant? What must it include? I want a sublet...
  3. K

    NSW Is Tenancy Agreement Still Valid?

    Hello everyone, I have a question regarding tenancy law. I signed a rental agreement (periodic) with an agency. This agency is not my landlord anymore. They said that the flat has been sold to another person. So the tenancy agreement I signed would still be valid or not? Thanks
  4. T

    WA Tenancy agreement validity

    Hi, As a tenant we have discovered that the property manager does not hold a Real Estate Sales Representative Registration or Real Estate and Business Agent Licence. Does this make the agreement invalid?
  5. C

    QLD Option to Extend Tenancy Agreement

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  6. P

    NSW Rental Bond Disputes in NCAT and Future records

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  7. tawan

    NSW Breaking a lease before move in

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  8. A

    NSW Tenancy Agreement - Break Fee Due to Death in Family?

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  9. H

    WA Tenancy Agreement - Charges for Contractor Owner has Hired?

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  10. C

    NSW Is the Month-by-Month Tenancy Agreement Valid?

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