📝 A real estate lease is a contract between a tenant and a landlord that outlines the terms of occupancy. Leases typically specify the monthly rent amount, security deposit, lease length, and other vital details, such as who is responsible for repairs and maintenance as well any rules and restrictions the landlord has imposed.
Here, I'll discuss four types of real estate leases that you may encounter not only on the real estate exam but also in practice as a real estate professional.
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Dee Kumar is an experienced real estate investor, instructor and broker. His school, Host Group Real Estate Academy, has taught THOUSANDS of agents, brokers and mortgage professionals and his goal is to help YOU launch your successful career in real estate starting TODAY.
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