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Sign a lease agreement to safeguard your interests

Many tenants prefer an oral agreement between them and their prospective landlords. But this method is not safe as it has no reference point. (PHOTO: COURTESY)

Signing a lease agreement is important for tenants. A lease is vital for anyone intending to rent or buy a home. It tells you what is expected of you as a tenant and outlines the rights and responsibilities of both the landlord and the tenant.

A lease states the duration the tenant is supposed to be on the property, thus enhancing harmony between landlords and tenants. Signing a property lease makes adjustment easy. This is due to the fact that it states the expiry date, rights and the expectations.

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