The rental agreement or lease deed is designed for leasing or renting commercial
property. The rental agreement is a legal document which lays out the prescribed terms and
conditions under which the rented property is leased out that is to be followed between the land
lord and the tenant. Though the relationship between the land lord and the tenant is cordial most
of the time, it is good to have a written rental agreement in place if the relationship turns sour or
becomes fraught with complaints and misunderstandings.
This rental agreement or Lease Deed format can be used by the Lessee or Lessee of a
commercial property. It is signed by the lessee to indicate agreement to the conditions placed by
the lesser. It is a legal document having force of law which may be referenced by courts in the
event of a disagreement.
