A rental agreement secures a tenancy for a short period of time, typically a month. Landlords can increase rent, change the terms, or terminate the agreement on short notice. A lease secures a tenancy for a longer period of time, typically a year. During that time, the landlord is not allowed to raise the rent, change the terms or terminate the lease on short notice.
Questions? To chat with a landlord tenant attorney, Click here
The information for this answer was found on our Residential Lease Agreement answers.