An Unofficial Lease Agreement is a contract between two people or entities that outlines the terms of renting or leasing a property. In some cases, this agreement may be stronger and more enforceable than one that is officially recognized by a court. Typically, it is a less formalized version of an official lease, which can help to mitigate potential legal issues down the line. Unofficial leases are meant to provide assurance of use and be beneficial to both parties involved – they should include information on the property being leased, how long it will be leased and any other details that both parties agree upon. By having an Unofficial Lease Agreement in place, both parties have peace of mind knowing exactly what’s expected from each side during the rental period.