What is typically included in a lease agreement?

A lease agreement is a legally binding document that outlines the terms and conditions of rental between the landlord and tenant. This typically includes important details such as the duration of the lease, payment terms (including rent amount and due dates), security deposit requirements, rules regarding property use, and responsibilities for maintenance and repairs. Including these elements helps ensure both parties understand their rights and obligations, which can prevent disputes and provide a clear framework for the rental arrangement.

The other options do not belong in a standard lease agreement. A list of potential property buyers is irrelevant to the terms of tenancy, while a summary of property taxes does not pertain to the agreement between landlord and tenant. A report of maintenance issues may be relevant for the landlord's records, but it is not a standard component included in a lease agreement itself.