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A rental agreement can be concluded verbally or in writing. It is the same as a lease. An oral lease is when you and the landlord agree that you can rent a unit, but your agreement is not in writing. An oral lease is always enforceable.

Lessee: What's the difference? In a lease agreement, the lessor is the person or party that issues the lease (allows the property to be rented), and the lessee is the person that the lease is granted to (the person paying rent to use the property).

With a written lease agreement, the terms of the lease and the monthly rent are fixed for the time period specified in the agreement, usually six months or one year. As long as you follow the terms, a lease agreement prevents the landlord from raising the rent or asking you to move until the lease expires.

A lease is a legal, binding contract outlining the terms under which one party agrees to rent property owned by another party. It guarantees the tenant or lessee use of the property and guarantees the property owner or landlord regular payments for a specified period in exchange.

To request verification, send a letter to the collection agency stating that you dispute the validity of the debt and that you want documentation verifying the debt. Also, request the name and address of the original creditor.

Send a debt verification letter within 30 days When a debt collector or agency contacts you about an unpaid debt, they're required by federal law to provide proof of the debt. This includes: The name of the original creditor. The amount of the debt.