lease to own agreement – a contractual arrangement for rental rights and responsibilities that also includes a clause allowing a possibility for the tenant to purchase at the termination of the agreement. inventory & condition form – this is a document that records the condition of a rental property prior to moving in and after moving out. additional extensive rental property regulatory law and statutes can be further examined by revising the texas property code – landlord and tenant (§8.91.001).

a commercial real estate lease is a contract between the tenant and the landlord: the tenant pays the landlord rent, and the landlord lets the tenant occupy and use the property. the property could be land, a building, or a part of a building, like an office. a commercial real estate lease agreement may have more parties than just the tenant and the landlord. the tenant could be a franchise operation, for example, and the landlord could have a property manager. once it’s established who is involved in the transaction and what’s being rented, the next step is to put a commercial property agreement in place.

a standard residential lease agreement is typically a one (1) year term, or any fixed time period, that establishes a relationship where a person pays rent (the “tenant”) to a property owner (the “landlord”) in return for occupying the property. after the tenant shows interest, the landlord will typically ask to see their credentials and background information by completing a rental application. a residential lease is a legal document that allows a landlord to enter into a legally binding arrangement with a tenant. no matter the lease type, the tenant will be responsible for the payment of rent on a timely basis. depending on what is written in the residential lease, the landlord may have their own responsibilities to uphold during the course of the term such as maintenance, upkeep of outside grounds, and utilities. a lease is binding in all 50 states by signature of the landlord and tenant, no witnesses or notary public required.