As a lawyer, I can provide legal advice on the difference between a lease and a rental agreement.
A lease is a written contract between a landlord and a tenant that outlines the terms and conditions of a rental agreement. It typically includes the length of the lease, rental amount, due dates for rent and other fees, and conditions for terminating the lease.
A rental agreement, on the other hand, is a verbal or written contract that establishes a tenancy without a specific end date. It may also be called a month-to-month rental agreement or a periodic tenancy. Rental agreements are often less formal and less comprehensive than leases and can be renewed or terminated at the end of each rental period.
The main difference between a lease and a rental agreement is its duration. A lease typically has a set term, such as six months or a year, whereas a rental agreement is a more flexible arrangement that allows the tenant to stay on a month-to-month basis.
It is important to note that the laws regarding leases and rental agreements may differ from state to state, and it is essential to review the specific laws and regulations in your jurisdiction. Additionally, certain limitations and exceptions may apply in specific cases, such as rent control ordinances, local housing codes, or eviction protection laws.
To ensure that your rental agreement or lease is legally binding and enforceable, it is advisable to seek advice from a licensed attorney who can review the document and provide guidance on any potential legal issues.
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