Respuesta :
An agreement that terminates future lessor-lessee obligations under a lease is called a lease agreement.
What is a lease agreement?
A rent understanding is an agreement between the tenant and the landowner. It explains liabilities and terms throughout a set time span. On the off chance that you have a flatmate, they ought to likewise be on the rent. Albeit a few landowners are more relaxed than others, a handshake and a commitment aren't rent. A great many people consider a rent understanding as far as condos and single-family homes for lease. Notwithstanding, organizations additionally use leases to lease structures for themselves. Typically, the resident takes rent on some crude or arranged land and develops a structure on it. In some cases, the land has construction currently on it that the tenant should destroy. Rent is an agreement permitting a party to pass a property on to one more party for a predetermined time frame, ordinarily as a trade-off for an occasional installment.
To learn more about lease agreements, visit
https://brainly.com/question/26264477
#SPJ4
