What’s the Difference Between a Lease and a Rental Agreement?

This question is about Residential Lease Agreement

What’s the Difference Between a Lease and a Rental Agreement? on iPropertyManagement.com

A rental agreement usually covers a short-term stay, often on a month-to-month basis, allowing the landlord to adjust the rent, modify terms, or end the agreement with relatively short notice. In contrast, a lease provides a longer-term arrangement, typically for a year, during which the landlord cannot increase the rent, alter the terms, or terminate the agreement without proper cause or notice.

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The information for this answer was found on our Residential Lease Agreement answers.