What is a leased property?

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Realty Myths Home Forums Public Forum What is a leased property?

This topic contains 4 replies, has 5 voices, and was last updated by  Egainz Web Design 3 months, 1 week ago.

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    Ashish Kumar

    What is a leased property?


    Ravi Kumar

    A lease is a contract outlining the terms under which one party agrees to rent property owned by another party.


    Rahul Anand

    “If a person wishes to rent an apartment or other residential property, for example, the lease prepared by the landlord describes the monthly rent amount, when it is due each month, what happens if the lessee fails to pay his rent, how much of a security deposit is required, the duration of the lease, whether the lessee is allowed to keep pets on the premises, how many occupants can live in the unit and any other essential information. The landlord requires the tenant to sign the lease, thereby agreeing to its terms before occupying the property.


    Emma Darby

    Leased property is a contract stating the terms and conditions about the rental property which one party has rented from the owner ( the one property belongs).


    Egainz Web Design

    A lease is a contractual arrangement calling for the lessee (user) to pay the lessor (owner) for use of an asset.
    Happy to Help Egainz

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