Real Estate Law11 min read
What Is a Lease Agreement?
A lease agreement is a legally binding contract granting temporary possession of real property in exchange for recurring rent and adherence to lease terms.
By Marcus ReedRead Guide
Explore research-backed legal explainers written in plain English, citing official federal statutes and court decisions.
A lease agreement is a legally binding contract granting temporary possession of real property in exchange for recurring rent and adherence to lease terms.
Tenants possess fundamental statutory rights regardless of lease terms, including safe living conditions, freedom from discrimination, and advance notice before entry.
Landlords maintain property rights to collect rent, inspect units with notice, screen tenants non-discriminatorily, and initiate judicial evictions.
Eviction is the formal court-supervised process by which a landlord legally removes a tenant for lease violations, nonpayment of rent, or lease expiration.