apartment lease

Tenant's binding agreement

An apartment lease is a binding contract between a landlord and tenant specifying terms of rental—duration, monthly rent, security deposit, and rules governing the property.

Most run for one year, though shorter and longer terms exist.

We signed a two-year apartment lease to lock in the rent.

Breaking a lease early typically incurs penalties.

Related

rent · agreement · breach of contract · utilities · tenant rights · sublease · occupancy limits · eviction notice · termination clause · square footage · monthly · property manager · dispute resolution · signing · rental application · background check · joint tenants · furnished

Categories
Opposites
tenure type

apartment leasehomeownership

Legally possessing residential property

property ownership · home ownership · property deed · freehold · mortgage

formality of arrangement

apartment leasesquatting

Low crouch position

homelessness · eviction · no fixed address · verbal agreement · handshake deal

housing permanence

apartment leasehomelessness

Lacking permanent residence

hotel stay · short-term rental · Airbnb · vagrancy · nomadic living

Family

apartment, lease

Familiarity
Top 100,000
Profile
Used worldwide · Timeless · Concrete · Everyday, not technical · Rated G