Which of the following is typically included in a lease agreement?

A lease agreement is a legal contract that outlines the terms between a landlord and a tenant regarding the rental of a property. It typically includes essential information that clarifies the responsibilities and rights of both parties.

The inclusion of the amount and location of security deposits is critical in a lease agreement. This detail ensures that both the landlord and tenant understand how much money is being held as a security deposit, which serves as protection for the landlord against non-payment of rent or damages to the property. Furthermore, stating the location where this deposit is held is crucial for transparency and can help avoid any disputes. It legally binds the landlord to return the deposit as outlined in the lease upon lease termination, provided there are no deductions for damages or unpaid rent.

Other choices, such as the location of the nearest grocery store, the name of the previous tenant, or the landlord's personal interests, do not pertain to the necessary legal and operational aspects of a lease agreement. These details do not impact the contractual obligations of the tenant and landlord and are therefore not typically included in the formal lease document.