A Oneindia Venture

Why You Need A Rental Agreement?

If you are thinking of renting an apartment or a home, the majority of the property owners will ask you to sign a rental lease agreement.

The landlord-tenant relationship is complicated now, so the majority of the property owners will ask you to sign a rental lease agreement. A rental agreement benefits you by securing you from unpredicted expenses.

Creating a tenancy without a formal agreement is possible. But a tenancy agreement is useful. It sets out in clear terms the rights and responsibilities of both the landlord and tenant. It is a legal document between the property owner and the renter that states the conditions of your stay.

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