Leases - Residential and Commercial
A lease is a written agreement between the landlord and tenant. The primary responsibility of the tenant is to pay the rent. The lease will also provide who is responsible for maintaining the property, repairs, replacement of equipment (A/C), taxes, and insurance. Provisions in the lease provide for remedies for the landlord in the event the tenant fails to comply with the terms of the lease. The primary responsibility of the landlord is to provide “peaceful enjoyment” of the property to the tenant. Leases should be specific as to the responsibilities of both the landlord and the tenant. You should have an attorney review your lease before you sign the lease to confirm your understanding of your responsibilities. Leases for more than 1 year need two witnesses to the landlord’s signature.