in it, they ag… a rental agreement, also known as a lease agreement, is a legal document that is created to show the relationship between a landlord and a tenant as concerns renting property. the same should be added for the tenant if it’s a commercial rental. a rental agreement will either stipulate the maximum number of occupants that can live in the property at any time. if there is no incentive, be as clear as possible when stating which repairs tenants are in charge of and which ones the landlord is in charge of. yes, a lease agreement establishes the relationship between a tenant and a landlord. this is where the landlord protects themselves and their property from tenants that could be a liability.