Owners of property are generally at liberty to do what they want with their property, including leasing the property to another individual for a specific period of time. Leases are contracts that confer a right on one person to possess property belonging to another. This is usually seen in a tenant and landlord lease agreement or a commercial lease agreement. Leases will be for a fixed period of time. There is also a consideration or exchange of monies for this right. Whether you are the owner and leasing the property or the party receiving the property through the lease agreement it is crucial that you fully and completely understand the terms of the contract, especially with regard to payment terms, required notice to terminate the lease agreement, and the property owner's rights regarding eviction. You should seek legal advice to ensure that the conditions and terms within the lease are in your favor. Brinkley Walser lawyers will endeavor to provide leases favorable to their clients.