It is ideal to have an agreement or contract when you renting a house or giving your house on rent so that:
- When there are any disagreements regarding money, utilities, and repairs, etc. the details of the contract would be enforceable and helpful for you.
- When you want to file a complaint with the police/court you can show the written agreement/ contract as proof.
- As a tenant/licensee, you can show your rent agreement as evidence of temporary residence.
Your rights and duties, whether as a landlord/licensor or a tenant/licensee, largely depend on the kind of agreement you sign for the purpose of renting a house. There are two kinds of agreements that are used for renting a property for residential purposes. They are:1