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Reasons to create a residential lease

Do I need a lease for my rental property?


A residential lease agreement is designed to limit your potential liability, and to explicitly define the duties and responsibilities of both you and your tenants, based on the laws of your state. A solid residential lease is an important part of protecting your rental property, so you're free to focus on increasing the return on your investment.


Can I specify details in the lease?


You can choose to include the features and options that are applicable to your property—pets, parking, appliances, utilities and more. The lease also spells out details about security deposits, late fees and other issues according to your local and state laws.



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