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A written agreement betwen an owner and a household for the leasing of a decent, safe and sanitary dwelling unit to the household. The lease typically includes the amount of rent, downpayment requirements and length of lease term. It may also contain other conditions of use, such as occupancy limits, restricting pets or prohibiting smoking.<\/p>", "inDefinedTermSet": "https://affordablehousingonline.com/glossary" },

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Lease

View All Glossary Definitions

A written agreement betwen an owner and a household for the leasing of a decent, safe and sanitary dwelling unit to the household. The lease typically includes the amount of rent, downpayment requirements and length of lease term. It may also contain other conditions of use, such as occupancy limits, restricting pets or prohibiting smoking.

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