Lease mean that one party given property, land etc to other party against the rent for specific time period. Lease agreement in written form in which owner of the property transfer the temporary possession to other party and the format is which is used to prepare is called Lease Agreement Template. In which owner person is lessee and other is lesser. Lessee is the person who received property for use and the lesser is the owner of the property. Time period for the use of property is defined in contract until lessee used that property. The right and the liabilities of both parties define in contract.
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