A land lease document is a legally binding agreement between two or more parties that governs the use and occupation of land. The document describes the conditions under which one party, (the tenant) will have exclusive rights to use assigned land for a predetermined period of time. It outlines specific requirements like a tenant’s obligations to upkeep the property and rules regarding transferability, subleasing, and suspension of rental payments. Above all, it provides assurance that the terms of the contract are upheld – something both tenants and landlords can feel safe under.