Details
A Land Lease Agreement is a legal contract between a landowner (lessor) and a tenant (lessee), where the landowner allows the tenant to use a specified piece of land for a defined period in exchange for periodic rent payments. The agreement outlines the terms and conditions of land use, including the duration of the lease, rental amount, maintenance responsibilities, permitted activities, and any restrictions. It also specifies the consequences of non-compliance and provides legal protection to both parties, ensuring the landowner’s property rights are upheld while giving the tenant the right to use the land for the agreed purposes.