A lease is a legally binding contract, laying out the rules agreed upon between the landlord or property owner and you, the tenant. A lease is a written contract outlining terms that both the tenant, you, and the real estate owner, the landlord or property manager, agree to.A rental application is a form that provides the information necessary for a landlord or property owner to determine a tenant's creditworthiness. Filling out a rental application accurately and professionally is one way to make a positive first impression with a landlord. A lease is a contract between a landlord and a tenant that contains the terms and conditions of the rental. A lease details the conditions under which the tenant may possess, occupy, and use the property. CityFHEPS is a rental assistance supplement program to help individuals and families find and keep an apartment,. It cannot be changed while it is in effect unless both parties agree. Leases for apartments that are not rent stabilized may be oral or written. Leases are generally legally-binding contracts between two parties: the lessor and the lessee.