What does the Rental Agreement look like? The template rental terms and conditions can be printed onto five pages. What does the Contract of Lease say? The Lease Agreement covers the following issues: letting and hiring duration rent use rates, electricity, service charges maintenance and repairs destruction of property laws insurance improvements lessor’s rights sub-letting breach general. The Tenant Application Form may be used for this purpose. Note: it is recommended that you obtain the lessee’s details, and conduct a background check before finalising the Lease Agreement. For example, someone running their own business from their property may find that office or storage space on the property is not being fully utilised, and could be leased to a third party.
Summary A landlord wanting to sign a simple Lease Agreement with a tenant, renting section of a workplace on his/her own business property can use an Agreement of Lease.