A lease agreement is a form when two parties, the leaser and lessee, enter into a lease or rental contract. The most common types of leasing agreements are when an owner wishes to put a lease on a vehicle, apartment or house. The person providing the property to be leased should include what, in exact detail, exactly is being leased. If a vehicle is being leased, the agreement should include what
. features are included with the car, and if there is a warranty available. If it is a home or apartment that is being leased, the agreement should include what amenities, if any, are included in the rent. It should also state on what date of the month the payments are due, and for how long the agreement is valid.The agreement should specify name of the parties, including the lessees prior address and current employment information, and references that the person leasing the item could contact if needed. Additional information that may be mentioned could be how damages are handled. Free forms that can be downloaded, edited and printed out can be found at: http://www.docstoc.com/search/free-printable-lease-agreements/There are instances where co-signers become involved in a leasing agreement, if the primary lessees credit is not up to par for the person leasing the property. The co-signer is an extra person that the property owner can hold accountable if payments are not made.As with any contract, the lease should be reviewed by a lawyer to insure that there are no stipulations that have not been discussed, or loopholes intended to maliciously hurt any of the parties involved. Once an agreement has been made, all parties involved in the leasing agreement will sign the contract, as will a witness. All parties will get a copy of the lease agreement to keep for their records. For more information, please see:http://www.reference.com/browse/contracts