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Dear (Landlord name), My name is (Your name), and I'm writing to you to express my interest in the home at (address or property name). I would love to live in this place because (reasons you want to rent the property). I currently am a tenant at (current address) but am ready to move because (reason for moving).

It is important to note that even if you initialize every page of your document and it is not mandatory, it will not negatively affect your agreement. For example, many real estate documents, such as mortgages and offers, are initialed on each page, although this is not absolutely necessary.

The two most common types of leases are operating leases and financing leases (also called capital leases). In order to differentiate between the two, one must consider how fully the risks and rewards associated with ownership of the asset have been transferred to the lessee from the lessor.

PLA stands for Property Lease Agreement This definition appears very frequently and is found in the following Acronym Finder categories: Business, finance, etc.

3 min read. Lease contracts, also known as rental agreements, are formal documents that identify the lessor, lessee, and what's being leased, whether it's an asset or a property. Such contracts also detail the length of a lease, rent cost, and terms and conditions of the lease.

Triple net lease (NNN) is normally a commercial lease where the lessee pays rent and utilities as well as three other types of property expenses: insurance, maintenance, and taxes.

Initial Term of the Lease means the period beginning on the commencement date of the Lease and ending on the date on which the initial term of the Lease expires, exclusive of any renewal or extension term.