It is used to capture the type of rental agreement offered, the time during which the rent should be paid, who has the obligation to repair and decorate the property, the conditions for terminating the lease and many other important factors. In some cases, the lease could also cover the problem of subletting part of the building and other things such as raising pets and gardening. The model lease agreement is comprehensive enough for owners and tenants to use for their transaction Anyone involved in renting real estate should have a residential building rental agreement that sets out the contractual terms and legally protects all parties involved. These people include house managers who are looking for tenants and vice versa, social service providers looking for supportive housing, real estate agents and anyone who wants to rent or rent real estate. .