What is a lease?

A lease is an agreement between two parties, the landlord and the tenant. It is also a contractual document that can be brought before the Court as evidence should either the landlord or the tenant fall in breach of their contract.

Both landlord and tenant will have a copy. Both copies are signed by both landlord and tenant and signing is normally witnessed by a third party.

The lease should be kept in a safe and secure place as it is an important document.