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A rental agreement is a contract of rental, usually written, between the owner of a property and a renter who desires to have temporary possession of the property; it is distinguished from a lease, which is more typically for a fixed term. [1]
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A roommate is a person with whom one shares a living facility such as a room or dormitory except when being family or romantically involved. Similar terms include dorm-mate , suite-mate , housemate , or flatmate ("flat": the usual term in British English for an apartment ).
Let’s say you live with a pair of roommates, but it feels like more — one of them has a partner who stays over three to four days a week and doesn’t pitch in for rent or utilities. Their ...
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The narrower term 'tenancy' describes a lease in which the tangible property is land (including at any vertical section such as airspace, storey of building or mine).A premium is an amount paid by the tenant for the lease to be granted or to secure the former tenant's lease, often in order to secure a low rent, in long leases termed a ground rent.
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