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Rent and lease agreements are legal contracts between landlords and tenants that outline their mutual obligations and expectations. While both types of agreements serve similar purposes, they differ in key aspects:

Rent Agreement: This type of agreement is usually short-term, such as a month-to-month arrangement. It offers flexibility, allowing either party to modify the terms or end the agreement with appropriate notice.

Lease Agreement: In contrast, a lease agreement is typically long-term, extending for six months to a year or more. It provides stability by locking both parties into the specified terms for the entire duration.

Recognizing these distinctions helps both landlords and tenants select the agreement type that best fits their individual needs and circumstances.

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Flexibility: Rent agreements are designed to be more flexible, allowing adjustments to terms or early termination with proper notice. This flexibility is beneficial for individuals who might need to relocate soon or expect changes in their living situation.
Stability: Lease agreements provide a higher level of stability by locking both parties into the terms for a longer period, such as six months to a year. This stability is advantageous for tenants seeking a long-term residence or landlords who prefer a steady and reliable income.
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It should be specified in the agreement, typically returned minus any deductions at the end of the term."}]]}],["$","details","5",{"className":"ml-[6%] mt-[10px] border-b py-[15px] mx-auto cursor-pointer ","children":[["$","summary",null,{"className":"font-[500] text-base flex items-center justify-between","children":[["$","h3",null,{"children":"What happens if either party breaches the rent or lease agreement?"}],["$","svg",null,{"stroke":"currentColor","fill":"currentColor","strokeWidth":"0","viewBox":"0 0 256 256","children":["$undefined",[["$","path","0",{"d":"M184.49,167.51a12,12,0,0,1,0,17l-48,48a12,12,0,0,1-17,0l-48-48a12,12,0,0,1,17-17L128,207l39.51-39.52A12,12,0,0,1,184.49,167.51Zm-96-79L128,49l39.51,39.52a12,12,0,0,0,17-17l-48-48a12,12,0,0,0-17,0l-48,48a12,12,0,0,0,17,17Z","children":[]}]]],"className":"$undefined","style":{"color":"$undefined"},"height":"1em","width":"1em","xmlns":"http://www.w3.org/2000/svg"}]]}],["$","p",null,{"className":"md:mt-[1%] mt-[5%] transition-all duration-100 text-base","children":"Breaches can lead to legal action, fines, or eviction. 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