48+ Condominium Lease Contract Background. A condominium lease contract is a legally binding document whereby the owner of a condominium, leases the property to a tenant who pays a rental charge for using the property. This document is important because this will minimize and prevent confusion and.
Lease contracts, also known as rental agreements, are formal documents that identify the lessor, lessee, and what's being leased, whether it's an asset or a property.
A residential lease agreement identifies basic information about the lease such as the property to be rented, the period of the lease, the security deposits, and the monthly rental payments. This contract is between name of lessor. Use our lease agreement to rent out your property. Lease contracts, also known as rental agreements, are formal documents that identify the lessor, lessee, and what's being leased, whether it's an asset or a property.