What is Rental Agreement and Its Types?

 Business / by Tamilselvi / 12 views

The Contents of the Rental Agreement
This agreement contains basic details of the residential property, like
Name of the landlord – The owner of the property and contact information.
Name of the renter (or tenant, as he is also called) and contact information.
Name of the agents. Description (Address) of the property. It includes the address of the property and any specific details about the rental unit.
The term of the rental period. The term of Tenancy indicates whether it is a month-to-month agreement or for a fixed term (e.g., six months or one year).
The amount of the rent agreed to be paid for the said term.

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