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Agreement by Lessor to Assign Lease AgreementUS Legal Forms

Agreement by Lessor to Assign Lease AgreementUS Legal Forms

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all right the topic of today's video is the lease agreement or the lease contract in my next video we're actually going to discuss the different types of lease agreements that are out there but today we're just going to deal with the lease agreement in its general sense so what is a lease contract or release agreement first thing you have to know is a lease contract and a lease agreement mean the same thing that those two terms are used interchangeably the other thing that you have to know is a lease contract is between the lessor and the lessee the lessor is the landlord or the third party property manager and the lessee is the tenant and the lease can be verbal or it can be written now there is a caveat to that there is a law called the statute of frauds you're gonna have to know that for your real estate licensing exam every state has their own set of statute of frauds and the statute of frauds in most states say that if a lease is greater than one ye

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