Real Estate Blog - For renters-Lease

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For renters-Lease

When you rent you enter into a Lease,

Lease : A written agreement between the property owner and a tenant that stipulates the conditions under which the tenant may possess the real estate for a specified period of time and rent.

Usually a deposit is required

Deposit : A sum of money given to bind the sale of real estate, or a sum of money given to ensure payment or an advance of funds in the processing of a loan. See earnest money deposit.

When Tenant does not comply with the terms expressed in contract can be evicted.

Eviction : The lawful expulsion of an occupant from real property.

Posted by Maria Borci ABR-TRC-ASP Doral Kendall FL Real Estate on 02/03/2008 06:00 PM

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Maria Borci ABR-TRC-ASP Doral Kendall FL Real Estate

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