Parties to the Lease Agreement
A lease agreement, which may be oral or written, involves two parties: the lessor and the lessee.
Lessor: The party that transfers the right to use the leased property to the lessee in exchange for rent and who owns the property.
Tenant: The tenant is the party who uses the leased property for a temporary period in exchange for a specific fee and benefits from the property.
Obligations of the Lessor
1- Obligation to deliver the property
2- Obligation to cover taxes and similar liabilities
3- Obligation regarding additional expenses
4- The lessor’s liability for defects in delivery
5- The landlord’s liability for failure to make subsequent payments (in the event of any defect, the landlord may choose to terminate the contract or request a reduction in the rent.)
6-
The Tenant’s Obligation to Control Their Own Liabilities
1- Obligation to pay rent
2- The tenant’s obligation to use the residence with care and to respect neighbors
3- Obligation to pay for cleaning and maintenance expenses
4- Obligation to notify the landlord of defects
5- Obligation to cover the costs of repairing defects and maintaining the residence