A Lease Of Land Agreement is a legally binding contract between two parties, the lessor (landowner) and lessee (tenant). It outlines the terms of occupation and use of land for an agreed upon period of time. This agreement holds both parties accountable to fulfill their obligations and responsibilities as outlined in the document, including rental payments, maintenance of the property, and other stipulations. By entering into such an agreement, both the lessor and lessee can rest assured that their rights and responsibilities are clearly documented and understood by all parties involved.