Landlord Tenant Lease: Agreement to Lease

It is important to have a landlord tenant leaseYou will relax knowing that you have secured the
since the agreement to lease takes pressure offrental you want at a price and terms that you
both parties. It also gives them the assurancecan live with if you are a prospective tenant
that the lease is pending and will be signed on alooking for just the right housing or the right
specific date. If you are a landlord looking for aspace for your warehousing, office, or retail
tenant then you will know that you havebusiness. Thus you would not find yourself
someone ready and willing to move into yoursuddenly out in the cold with no place to go.
property when it is ready for occupancy. It isLandlord tenant lease might break on the basis of
wise to do credit and background checks so thatthe breach of the promises and agreements. But
the tenant knows that he has got a good tenant.there is less danger of default when there is an
You can also stop worrying and advertising thatagreement to lease is signed by both the parties
the property will suddenly be vacant and yourthat the defaulting party will have to pay as
rental income will stop.liquidated damages.