This chapter will explain different types of real estate contracts c arried out as well as contract management. In this chapter, we will discuss the following:
Lease-in contracts
Lease-out contracts
Terms and security deposit agreements
Critical dates with reason
Condition amounts
Steps in contract management
A real estate contract is a contract between two parties, the lessor and the lessee. The lessor is the legal owner of the asset who provides the lessee the right to use the asset for consideration, which is a rental payment. A formal document ...