A property lease is an agreement between a tenant and a landlord that outlines the terms of renting a property. The agreement sets out the rights and responsibilities of both parties, including rental amount, payment schedules, length of the lease, rules for maintenance and repair, and any other legally binding terms. To protect both parties, it’s important to ensure your property lease is well-written, concisely outlining all expectations and requirements. With a clear and effective property lease in place, tenants and landlords can feel secure in their investment.