A property lease is a legal agreement between a landlord and a tenant that allows the tenant to use a property for a specified period in exchange for rent. This document outlines the rights and responsibilities of both parties, including payment terms, maintenance duties, and rules for using the property. Leases can vary in length, typically ranging from a few months to several years. They may also include clauses about renewing the lease, terminating the agreement, and handling disputes. Understanding the terms of a lease is essential for both landlords and tenants to ensure a smooth rental experience.