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Utilities Included Lease Agreement

oboloo Glossary

Utilities Included Lease Agreement

A Utilities Included Lease Agreement is an agreement between two parties, allowing a tenant to occupy a rental property while the landlord agrees to cover all utility services such as water, heat, sewer, electric and gas. This type of agreement is advantageous to both the tenant and the landlord since it allows the tenant to save money on utilities without taking on the responsibility of dealing with multiple utility providers and bills. On the other hand, the landlord can avoid additional paperwork and administrative hassles and guarantee that utilities are in place to maintain habitable conditions.

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