A Rental contract template come into existence when one party give his property to use for a specified time period and charged rent on monthly or annual basis. A Rental contract is the written agreement between both parties, owner of the property don’t transfer the owner ship but only transfer possession to that for use. Time period decided for the property used along with amount of rent is decided that can b charged from the party against the use of property. Rent can be charged for tangible property or intangible property like patent, rights same as tangible goods like house, building etc.
Useful Critical Points
1- Always download rental contract template after making it sure that you really need it. A template which is not as per your requirements, can only damage your work. Instead, choosing a relevant template can bring life to your work.
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