What are the terms and conditions that will be defined in the lease agreement?
Standard terms and conditions should include the period of the lease (which is, in most cases, a year and renewed thereafter at yearly intervals), the rent amount and when it should be paid, mutual notices, the addresses of both parties and any special terms and conditions to explain the obligations and rights of each party relating to but not limited to: damage to property, non-payment of rent, subleasing, termination of agreement.