What is an advantage of having a written lease agreement?

A written lease agreement is advantageous primarily because it clarifies the responsibilities of both parties involved—the landlord and the tenant. Having a documented lease ensures that all terms of the rental arrangement, including payment amounts, due dates, maintenance responsibilities, and property rules, are clearly outlined. This reduces the potential for misunderstandings or disputes about what is expected from each party. When both the landlord and tenant can refer to the same written document, it helps create accountability and can provide a basis for resolving conflicts should they arise.

Written leases also serve to protect the rights of both parties, as they are legally binding documents. Additionally, the presence of a written lease can help in establishing the terms under which the property is rented, providing a clear framework that governs the leasing relationship for its duration.