A Virginia lease agreement is a legally binding contract between a landlord and a tenant for the rental of property for a set period of time. Are you a rental housing owner or property manager?Access Virginia Housing compliance forms and documents here. How to fill out the Virginia Residential Lease Agreement Form? 1. Read the lease agreement thoroughly. 2. A Virginia lease agreement is the contract used to rent commercial or residential property. Use this free Virginia lease agreement template to draft future rental agreements across the state of Virginia.