tenancy agreement

Australia's #1 for Law
Join 150,000 Australians every month. Ask a question, respond to a question and better understand the law today!
FREE - Join Now
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.

View More On Wikipedia.org
  1. P

    WA Eviction of Tenant with Only a Verbal Agreement?

    Ok, this is just purely for information purposes due to reading a lot of tenancy posts and it got me wondering about it. If I had moved into a house but without a written agreement and no rent was paid and I lived at the house for quite some time. There was no time limit of me staying there...
  2. J

    VIC Should I Charge Occupiers with Trespass?

    I have a person(s) living in a house that I own without my permission. They do not, and never did, have a tenancy agreement and I wish them to leave the property as soon as possible. The house was occupied by my son and one of the (now) occupiers was his girlfriend but they are no longer in a...
  3. S

    WA Decreasing Rent After Ending Tenancy Agreement?

    Hi, I told my agent that I am ending the tenancy agreement a few days ago since I found a new place. Then I realised they have put the house for rent online for $400 whilst I have been paying for $525 per week. I know that this is my fault for not asking for them to lower the rent. I have...
  4. Flee

    NSW Lease - Obligated to Comply to Document That is Updated Anytime?

    I've got some question about my lease contract that refer to an extra document that could be updated at any time. I am now renting a room with one property agency. - The lease contract I signed was the Standard form Residential Tenancy Agreement. - This contract also has an additional term...
  5. A

    VIC Tenancy Agreement of Flatmates Agreement - Which is Better?

    I am renting a furnished room and all amenities facilities of my house and full access to one person who is strictly termed a lodger. I am wanting to draw up an agreement and am undecided whether to use a Flatmates Agreement or a Tenancy Agreement. The Flatmates Agreement does not have the same...
  6. S

    WA Contract Law - Residential Tenancy Agreement Invalid?

    Hi, Under Contract Law, does the residential tenancy agreement form have to be the standard form from the government? If I signed a form which is not the standard form, does it mean it is invalid?
  7. D

    WA Property Law - Signed Tenancy Agreement Void?

    If I don't pay the bond on a new rental, does that void the signed tenancy agreement? I've recently signed a Tenancy Agreement, for which I'll get the keys and be able to move into the house in 3 weeks. Since I signed, for several reasons, I no longer wish to enter a 12-month lease for that...
  8. L

    NSW Lease Agreement with Friend - What are My Property Rights?

    Basic rundown: I owner occupied a 3br house. Around August last year, a friend going through a divorce needed a place to stay. I offered a spare room for $150 per week, including amenities, common areas shared; for a few months until she got on track. Verbal agreement. Fast forward to...
  9. E

    NSW Property Law - Tenant Death And Occupant Eviction

    We have a rental property in Northern NSW which has been rented continuously to the same tenant for approximately 6 years. For the first few years, our tenant was always up to date with his rent and kept the property in a reasonable condition. For the past 18 months or so, we have had to...
  10. E

    NSW Can I Terminate Lease Due to the Sale of Premises?

    Hello, I have a situation where I need to urgently move out of the rented premises. A month into my lease agreement I have received a letter from my property manager informing me that the premises have been sold (name of the new owner was provided) but the management of the property has been...