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How does a landlord-tenant agreement work?
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A landlord-tenant agreement is a legally binding contract between a landlord and a tenant that outlines the responsibilities and rights of each party. It typically covers items such as the length of the rental agreement, the monthly rental payment, any additional fees and deposits, rules for the tenant to follow, maintenance and repair requirements, and any other terms the landlord and tenant agree on. The landlord-tenant agreement is designed to ensure both parties comply with the contract to ensure neither side is taken advantage of during the rental relationship.