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A legally binding agreement between a landlord and tenant that outlines the terms and conditions for renting a residential property, including rent, duration, and responsibilities of both parties.
El contrato de arrendamiento residencial debe incluir la duración del alquiler y el monto del depósito.
The residential lease agreement must include the rental duration and the amount of the security deposit.
This type of contract is regulated by local rental laws and must comply with legal requirements to be enforceable.
Ensure the contract includes the rental amount, payment terms, duration, and conditions for renewal or termination.
The contract must comply with local rental laws to be legally enforceable.
Derived from the Spanish words 'contrato' (contract), 'arrendamiento' (lease), and 'residencial' (residential).
This phrase is commonly used in legal and real estate contexts in Spanish-speaking countries. It is essential for formalizing rental agreements to protect both landlords and tenants.