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The Virginia Standard Residential Lease Agreement is a basic legally binding residential rental agreement used between tenant and landlord that will outline for the tenant the terms and conditions of the agreement.
Details like the amount of rent, security money and time of termination will be mentioned in the agreement.
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This rental form allows you to create either a fixed-term lease or a rental agreement. In some cases, only one primary tenant is considered on the lease and is willing to take total responsibility but that is a practice the Real Property Management. The Renewal Agreement allows the Landlord and Tenant to continue the renting relationship while also giving them the opportunity to make any necessary changes to their original lease, such as new occupants, rules, or payment arrangements.
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