What advantage does a written lease provide to both parties?

A written lease offers significant advantages by ensuring clarity on the terms and conditions of the rental agreement. This clarity is crucial for both the landlord and the tenant, as it provides a clear reference point for all parties involved regarding their rights, responsibilities, and expectations. By documenting important details such as the rental amount, payment due dates, maintenance obligations, and rules concerning property use, a written lease reduces misunderstandings and potential conflicts.

Having an agreed-upon written document can also be vital in legal proceedings should any disputes arise, as it serves as proof of the agreed terms. This clarity fosters a more transparent relationship between the landlord and tenant, enabling both parties to approach their agreement with mutual understanding and confidence.