residential lease

Home rental agreement

A residential lease is a contract between a landlord and tenant for the rental of a dwelling—an apartment, house, or similar living space.

The lease specifies rent amount, duration, and terms of occupancy.

Unlike commercial leases for business properties, residential leases typically have stronger tenant protections under law: She signed a one-year residential lease for the apartment.

Opposites
property type

residential leasecommercial lease

Agreement to rent commercial property

office lease · ground lease · land lease

ownership vs. tenancy

residential leasehomeownership

Legally possessing residential property

property ownership · freehold · deed · title · mortgage

financing mechanism

residential leasemortgage

Secured home loan

home loan · deed of trust · rent-to-own

Family

lease, resident, residence, reside, leasing

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Used worldwide · Timeless · Rated G