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

A lease agreement is a legally binding contract that outlines the conditions under which a tenant may occupy a rental property. The core components typically included in a lease agreement are the terms regarding rent payments, property use, and tenant responsibilities.

These elements provide clarity and protection for both the landlord and tenant.

• The terms regarding rent payments specify how much rent is due, the frequency of payments, acceptable payment methods, and penalties for late payments.

• Property use establishes the permitted activities within the leased space, ensuring that the property is used in accordance with local laws and the owner's intentions.

• Tenant responsibilities typically outline maintenance obligations, restrictions, and the consequences of violating the lease terms.

Including these components in the lease helps to prevent misunderstandings and disputes throughout the rental period, making option B the correct answer.

Other aspects like the personal history of the landlord or a list of unapproved maintenance contractors are not standard inclusions in lease agreements, as they do not directly relate to the rights and responsibilities associated with renting the property. Similarly, while an owner’s preferred tenant profile might influence their selection process, it is not a formal part of the lease agreement itself.